As you know, I was monitoring GBPCAD for quite a while to catch a bearish continuation after a retracement. Spotting a major falling channel, I was patiently waiting for a test of its resistance to short from there.
My confirmation was a descending triangle formation on 4H time frame. The position was opened on a retest of its broken neckline.
+290 pips of pure profit so far!
Did you catch this move?
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