GBPCAD - COUNTER-TREND SHORT SET UP
For the contrarians out there we're seeing a medium-risk opportunity to go short on GBPCAD. We had a strong bearish candle rejecting the trendline with a 50% retracement followed by another rejection suggesting a downward move.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.