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DeGRAM
Sep 7, 2023 8:42 AM

DeGRAM | GBPCAD kill zone for selling opportunity Short

British Pound/Canadian DollarFXCM

Description

GBPCAD broke and closed below the psychological level at 1.71000. 

The market is trading in the descending channel.

Price completed the AB=CD pattern, and we anticipate a pullback after.

If the market pulls back to the kill zone, we can look for selling opportunities.


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Comments
Setupsfx_
Amazing as always loved it
AlloysK
Brilliant!!! Thanks for sharing
deliny12
it's a good 👍 one
ATradeSniper
great idea
pejman_zwin
I liked your point of view on this chart. I hope for the best result.😉🌺
ArmanShabanTrading
Well explained!
DeGRAM
Good luck in the markets and have a great one!
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