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GBPCAD → I believe a downward movement

hello guys...

if you check indicators like MACD or RSI you find out a divergence...

if you look wider and zoom out you see a three-drive pattern,

in my point of view, in this case, I assume an R:R 1:1 short position...

but for you, just wait until the price break out of the trendline and get a short position after retrace!

target 1: 1.6711

target 2: 1.66.06

target 3: 1.6414

target 4: 1.6315

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always do your research.

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