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HayatoDragonFX

GBPCAD, 4hr tf, double top pattern

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
HayatoDragonFX  
FX:GBPCAD   British Pound / Canadian Dollar
Support and Resistance Supply and Demand Double Top or Bottom GBPCAD gbpcadshort gbpcadanalysis gbpcadsell Double Top Fibonacci Retracement priceaction priceactiontrading
2
0
supportandresistance supplyanddemand doubletoporbottom gbpcad gbpcadshort gbpcadanalysis gbpcadsell doubletop fibonacciretracement priceaction priceactiontrading

As you can see, this is a potential double top pattern for GBPCAD.
Price already broken below the neckline and currently retracing.

If price touch 61.8% fibonacci level, we will be happy to initiate sell from that point.

Sell GBPCAD 1.7420
Stop loss 1.7510
Take profit 1.7150 (3R)

Use only 1-2% risk
Good luck

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