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rayanpearce
May 14, 2018 4:25 PM

GBPCAD Short  Short

British Pound/Canadian DollarFXCM

Description

The bears are definitely in control of this market. Price has made its way back up to former support and can be now identified as resistance. What makes this setup so attractive is the fact that there is a "Shooting Star". With this retest we can be sure to enter short positions and ride all the way down to the 1.68000 area.
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