fxkronk
Short

GBPCAD: Bearish Pinbar at Key Support Level

FX:GBPCAD   British Pound/Canadian Dollar
127 2 1
Price has reached a key resistance zone where we see multiple rejection. In that level we also see a 1.27 extention fibonacci level of 1.8248 - 1.9209 leg. A bearish pinbar has formed giving us a nice short trade setup.

Trade should be taken in two units.
If price reaches the first target we move stoploss to breakeven at the other one.
I follow this trade!
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fxkronk Dinkan
Good luck..!
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