GBPCAD: Overbought Market & Local Short ๐ฌ๐ง๐จ๐ฆ
GBPCAD looks overbought to me.
The market formed a rising wedge pattern and a double top pattern within that on 1H time frame.
Both the neckline of a double top and a support line of the wedge were broken.
It makes me think that correctional movement is coming on the pair.
Goals: 1.6734 / 1.671
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