Trend reversal GBPCAD, getting in on a pullback: SHORT

Short

British Pound / Canadian Dollar (FOREXCOM:GBPCAD)

FOREXCOM:GBPCAD British Pound / Canadian Dollar

trendanalysis trendline supportandresistance trendreversal trendreversalpattern swingtrader

GBPCAD look strong moving up but “The trend is your friend until the end when it bends”. Well, that time is now. Price even broke the 1.76000 trendline on the bigger time frame.

I’m looking to get in SHORT on the first pullback. Probably around 1.76400.

TP 1: 1.68000
TP 2: 1.59000

Also check out my analysis on the GBP Futures:

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