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ForexTrendline
Nov 3, 2020 7:53 AM

Down trend in GBPCAD Short

BRITISH POUND / CANADIAN DOLLARICE

Description

Today, the positions we are looking for must be with a stop and control our risk as soon as possible.

Today's possibility is related to the downlink channel in which the GBPCAD of H1 is located.

We have lower peaks and lower bottoms. We expect a correction and decline to 1.7022.

It is good to make the entry after confirmation before the line of resistance.

Successful trading!

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