GBPCAD broke and closed below the psychological level 1.7000.
Price pulled back to psychological level and 50% fibo retracement following bearish move.
If the price action creates a pinbar or double top, we can look for selling opportunities.
Price action is likely to go further down to complete the AB=CD pattern if the market moves down.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Price pulled back to psychological level and 50% fibo retracement following bearish move.
If the price action creates a pinbar or double top, we can look for selling opportunities.
Price action is likely to go further down to complete the AB=CD pattern if the market moves down.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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