is GBPCAD preparing for another drop?

302
GBPCAD / 4H
GBPCAD has been trading in a downtrend. Recently, the price rejected a key resistance level falling sharply.
And now the price is pulling back to test a few important levels before it falls again. Yet, we need to have a price action confirmation on Oil prices in order to validate this setup.

Trade safe,
Trader Leo.
Trade active
The setup is on

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