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
Entry point: 1.66275
STOP LOSS: 1.67843
TAKE PROFIT 1: 1.65491
TAKE PROFIT 2: 1.64224
TAKE PROFIT 3: 1.62109
Note
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