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Livre sterling / Dollar canadien
Short

GBPCAD: Classic Top-Down Trading Setup 🇬🇧🇨🇦

snapshot

GBPCAD broke a key daily structure support.
Now we see its retest.

Analyzing intraday time frames I spotted a minor horizontal structure resistance.
On that the price formed a double top formation and the broke its neckline.

I expect a bearish trend continuation.
Goals: 1.6875 / 1.683

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CADcanadiandollarDouble Top or BottomGBPGBPCADMultiple Time Frame AnalysispoundpriceactionpriceactionanalysisSupply and Demand
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