This GBPCAD market has broken the daily level of 1.66 on last wednesday candle closing. Now the market is trying to retest this level. I am looking for a bearish price action signal near 1.66 to go short on this pair because 8/21 EMA is also indicating me a strong bearish market plus from 1st May the market has started a bearish flow and making lower highs and lower lows.
Lets see how market unfolds and give us trade in next week!!!
Lets see how market unfolds and give us trade in next week!!!
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