GBP/CAD Price Analysis: Bearish conditions ripen for another short

Developing story

GBP/CAD has been a waterfall trade since losing the 1.7480s.

1HR chart

The price offered a textbook trade setup yesterday and is on the verge of providing the same opportunity in real-time at the time of writing. 

What follows will be an example of how to enter a correction on an impulse for a high probability a favourable risk to reward setup…

More to come…

 

 

 

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