GBPCAD Double top followed by flag formation at daily level

Livre sterling / Dollar canadien (FX:GBPCAD)

FX:GBPCAD Livre sterling / Dollar canadien

Support and Resistance Multiple Time Frame Analysis Flag

supportandresistance mtfa flagpattern

After price has double topped an engulfing candle is printed. The retracement is in the form of flag formation. We're waiting for a deeper retracement or violation of the flag for a sell.

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