GBPCAD AROUND A STRONG RESISTANCE ZONE

13 มี.ค. 2023

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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GBPCAD, WHAT'S NEXT!?

As we can see price is around a strong resistance zone, where we will be looking for new sell setups.

And as we can see price formed a new swing low, and for the bears to take over we need a break below the marked swing low.

Then a further movement lower would be expected.

1-2 Risk to Reward Ratio from a risk management perspective.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!