spesfinancial

GBPCAD Short position wins with weak GBP

Short
FX:GBPCAD   British Pound / Canadian Dollar
GBPAUD goes down without a satisfied retracement, instead of it, GBPCAD has a better pattern on short. Price tests the support level several times, and has fake upside movements before breakout. I just entered short when price breaks out the blue line and close the trade as the price reaches ADR and support level.

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