QuercusTrading

GBPCAD - Breakout or Reversal?

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
Breakout?

Doesn't appears like it. Wave 5 looks done around here and price could be heading down.

Short with invalidation at 1.72 and target at 1.61.

No confirmation yet but a good RR trade if it works out.

Good luck!
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