dionvuletich

GBPCAD weekly pin bar at confluence of resistance

Short
FX:GBPCAD   British Pound / Canadian Dollar
3
GBPCAD looking to sell either the break below the weekly low or sell a retracement if it rallies higher (my preference = lower risk) will see if there are any zones of interest on lower timeframes on next chart

Ending diagonal has now been 100% retraced so a retracement is likely before any move higher, ideally to close the gap at 1.98214

If selling the break of the weekly low, likly will struggle to get 1:1 R:R so not the best trade
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