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Gbpcadsell

FOLLOW ME: GBP/CAD Short OpportunityGBP/CAD is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry. Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing! COLOR KEY (which time frame each markup is based on): RED - Monthly ORANGE - Weeky GREEN - Daily AQUA BLUE - 4H PINK - 1H LIGHT BLUE - 15M PURPLE - 5M Feel free to leave your thoughts in the comments below! Make sure to BE RESPECTFUL OF ALL COMMENTS so that we can utilize this platform to help each other and to build each other up! After all, we're all here looking to build our wealth so let's do that with a unified spirit. :)
Short
by Jabest
1
GBPCAD - Expecting Further Downside Expecting further downside from here. Price created a double top, the ascending trend line has now been broken and we have a solid closure below structure (1.6195) and the 4 hour 50ema. I'd like to see a push lower with entry's taken upon a retest of previous support (now resistance). Alternatively we may see price pop higher and retest the 4 hour 50 before rolling over. Instagram: @TheTravelTrader (www.instagram.com) Twitter: @fx_ollie (twitter.com)
Short
by thetraveltrader
GBPCAD Buys...Here we have GBPCAD buys. Looking across the board at the pound pairs, we are at support and doesn't make sense to go lower since we've consolidated for days with no real change in brexit news. There is crude oil news out at 3PM today so stops will be rolled to breakeven in anticipation if we're in profits... Technically, we are at a LL on the weekly and daily, we need to pull up higher in order to continue down. If it's going to drop it will trade in this range anyway until some news moves it...
Long
by UnknownUnicorn1497595