GBPCAD: Classic Top-Down Trading Setup 🇬🇧🇨🇦
GBPCAD broke a key daily structure support.
Now we see its retest.
Analyzing intraday time frames I spotted a minor horizontal structure resistance.
On that the price formed a double top formation and the broke its neckline.
I expect a bearish trend continuation.
Goals: 1.6875 / 1.683
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.