GBPCAD H4 SHORT PRICE ACTION FORECAST

If the price can close above the 200MA, it will mark the uptrend continuation. However, from a broader look at D1, the pair remains under a robust bearish bias. Closing last Friday with a strong bearish candle, we could expect the downtrend movement toward lower levels.

The order:
Type: sell-stop
S/L: 83 pips - R:R | 1:3 -
T/P: previous supply zone

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