GBPCAD ( Cable Loonie ) - Bearish Pennant Pattern in formation

Updated
GBPCAD shows a Bearish Pennant Pattern in formation. My bias is that it should fall a little bit further before correcting the current impulsive wave.

Entry point: 1.66275

STOP LOSS: 1.67843

TAKE PROFIT 1: 1.65491
TAKE PROFIT 2: 1.64224
TAKE PROFIT 3: 1.62109
Comment
GBPCAD Update - Pennant invalid > Potential AB=CD Pattern
Bearish PennantcableChart PatternsloonieTrend Analysistrendlindes

Disclaimer