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FOREXWITHD
Jun 18, 2021 11:26 AM

GBPCAD SHORTS Short

British Pound/Canadian DollarFXCM

Description

On the 4H TF we have GBPCAD which has formed a BEAR FLAG which in confluence also links up and happens to have multiple bounces off a strong resistance level.
multiple confluences on the lower time frames such as a double top on the 1H TF also indicate that the bears are entering the market.
We also have a evening star pattern formed on the 1h.
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