Technical analysis of GBPCAD breakout of wedge shows a likely setup for GBPCAD sell of ~800pips. If price breaks above our levels, it would be a false breakout. If Price continues in our direction, please wait for a breakout and retest of the lower levels before taking trade...You are still a winner if you catch 600pips.
Please share your thoughts if you have an addition or correction.
**please like and follow for more analysis.
Please share your thoughts if you have an addition or correction.
**please like and follow for more analysis.
Trade active:
Price is in a mini-trend. I look an entry within the golden sone retracement for the 2nd lvl.