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British Pound / Canadian Dollar
Short

Breakdown from Ascending Broadening Wedge

By forexnoobmaster007
GBPCAD after retracing 38.2% of the 6th May to 12th august trend has now fallen below the ascending broadening wedge pattern, which makes it vulnerable to selling up to 1.60690. The stop loss for the trade will be above the high of the previous session i.e. at 1.63747.
Ascending Broadening WedgeChart PatternsGBPCADgbpcadanalysisgbpcadforecastgbpcadsellgbpcadshortgbpcadtradesetupTrend Analysis
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