GBPCAD has a good setup to enter shorts and aim for a retest of the flash crash low, it's right at resistance and coiling in the short term, to form a rapid decline very soon. It's also a good proxy to ride a USDCAD retracement, on the back of rising oil, whilst also profiting from the weak Pound, which will see relentless selling in the intermediate term.
Good luck!
Ivan Labrie.
Good luck!
Ivan Labrie.
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Check out $GBPCAD:
s3.amazonaws.com/tra...shots/e/EYqDelpN.png
it did fall by London open, then retested the downtrend mode in 1h
now down again.
s3.amazonaws.com/tra...shots/e/EYqDelpN.png
it did fall by London open, then retested the downtrend mode in 1h
now down again.