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CollegeofPips
19 ืžืจืฅ 2021 11:16

GBP/CAD Is About To Be Smashed By Sellers ๐Ÿ”จ๐Ÿ”จ๐Ÿ”จย ืฉื•ืจื˜

GBP/CADOANDA

ืชื™ืื•ืจ

โ‹…
๐Ÿ’ก Trade Idea


๐Ÿ“‰ GBP/CAD | Sell Limit Order @ 1.7432


๐ŸŽฏ Target Profit 1.7310


๐Ÿ›‘ Stop Loss 1.74933


โŒ Do not risk more than 1% of your account on each trade


๐Ÿ™‚ Good Luck !


Description:

The price was trading to the downside by posting lower lows and highs. Recently it posted a correction count in a form of a bearish flag pattern. We have an area of confluence between the 50% Fibonacci retracement level & the resistance around the 1.7432 USD level. This could lead to a move downward again to the 1.7310 USD.
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ืชื’ื•ื‘ื•ืช
herbiewilman
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Great analysis, im in on a sell
CollegeofPips
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@herbiewilman, thanks much appreciated.
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