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Snick3rSD
Dec 20, 2023 4:23 PM

GBPCAD - Expect retracement ✅ Short

British Pound/Canadian DollarFXCM

Description

Hello traders!
‼️ This is my perspective on GBPCAD.

Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short from premium zone. I want price to make a retracement to fill that huge imbalance higher and then to reject from bearish order block.

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Comments
dakian12
Nice! We are exactly at 50% on daily.

i.postimg.cc/tCY9SGpz/GBP-CAD-1.png
Snick3rSD
@dakian12, Exactly, expect to react from here
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