GBPCAD Harmonic Cypher

2 באפר׳ 2021

Looking to catch this downtrend continuation on GBPCAD , if we can see some more movement up and completely form our bearish harmonic cypher looking for sell oppurtunities off rejections in that price reversal zone above 74200 . with 35 or lower pip loss at 74552 above point X. First Take Profit level is 57 or more pips at the standard Harmonic Target around point B 73660 . Use the other key levels of price as potential targets , witha suggested TP2 at harmonic point A (orange level ) . This can possibly sell down another hundred pips to fill in those price imbalances and restore liquidity