British Pound / Canadian Dollar

Short

Possible Long term drop.

Updated

Price didn't make a small retracement we had hoped for however the setup is still of interest. If price hits the 1.75168 mark without a sign a possible short entry cancel.

Note

Have SL at BE and pay very close attention to the 1.71457 level

Trade closed manually

Note

snapshot

Note

Looks like the retracement is done for a possible short.

Please note that the above perspective is our view on the market, We do not give signals and take no responsibility for your trades.

Related publications

Possible Short position

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