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UnknownUnicorn99356
Jun 28, 2015 4:44 PM

GBPCAD: Bearish Pinbar at Key Support Level Short

British Pound/Canadian DollarFXCM

Description

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.
Comments
Dinkan
I follow this trade!
UnknownUnicorn99356
Good luck..!
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