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UnknownUnicorn99356

GBPCAD: Bearish Pinbar at Key Support Level

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
UnknownUnicorn99356  
FX:GBPCAD   British Pound / Canadian Dollar
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Price has reached a key resistance zone where we see multiple rejection. In that level we also see a 1.27 extention fibonacci level of 1.8248 - 1.9209 leg. A bearish pinbar has formed giving us a nice short trade setup.

Trade should be taken in two units.
If price reaches the first target we move stoploss to breakeven at the other one.
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