GBPCAD - Sell Opportunity
Updated
GBPCAD has turned bearish after breaking the neckline of a Head and Shoulders pattern, confirmed by bearish divergence. The recent retest of the neckline offers a potential sell opportunity. Traders should consider entering short positions, with stop-loss orders above the neckline and profit targets at key support levels. Proper risk management is essential to mitigate market volatility.
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Trade closed: stop reached
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