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GBPCAD - Potential Sell

Trading Plan with LT

  • Price Action: Price has been very strong to the downside from 01/08 to 11/09. My belief is that price will make another impulse to the downside. Are we ready to go down though? the price movement from 11/09 to today is very slow which give confidence for the impulse down. we might see more upside before we are ready to go down.
  • Fundamental:
  • Technical: we are looking at an impulse-corrective-impulse pattern to complete with wxy being the corrective wave


Manage it Well
Cheers

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