BrooksDennett

GBUSD "Possible" Short

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
We've had our 1-2-3 move to the downside on the Daily TF creating a downtrend. We are consolidating but have not broken back above the previous major resistance level and now have a possible evening star candle formation on the 4H at the major resistance level. This may have a false breakout before continuing to fall, but it is possible it will break through resistance to the upside. At that point we would be looking for the retest of the level to push higher (only if it breaks above)
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