GBP CAD Short

By jstephanides
Updated
Potential set up for GBP CAD.

This trade has been on my watch list and we are now approaching entry zone. Will be awaiting for retest confirmation before entering.

This trade does have high potential to pivot back to the downside as 1.61950 is a key psych level and pivot zone.

If the rejection and retest occurs there potential of hitting the 27% fib is very likely. Will be monitoring and updating privately
Trade closed manually
Beyond Technical AnalysisbuyCADChart PatternsEURUSDGBPGBPCADLONGSELLshortsignalTrend Analysis

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