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Snick3rSD
Apr 24, 2024 3:46 PM

GBPCAD - Bearish market structure ✅ Short

British Pound/Canadian DollarFXCM

Description

Hello traders!
‼️ This is my perspective on GBPCAD.

Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from trendline + institutional big figure 1.71000.

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