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FTE1995
Nov 21, 2018 9:21 PM

GBP/CAD - Bear flag lower trend-line break Short

British Pound/Canadian DollarFXCM

Description

- GBP/CAD has been forming within a Bear flag pattern
- Price is breaking the lower trend-line support as I write this
- Wait for a close below this level on higher timeframes (4H/Daily) to justify entering a short position
- The recent swing low of this pattern (Indicated orange line) would need to be broken to continue further down

THIS IS NOT TRADE ADVICE NOR A TRADE CALL
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