GBPCAD: Classic Top-Down Trading Setup 🇬🇧🇨🇦

Viés de baixa

Libra Esterlina/Dólar Canadense (OANDA:GBPCAD)

OANDA:GBPCAD Libra Esterlina/Dólar Canadense

Multiple Time Frame Analysis Supply and Demand Double Top or Bottom GBPCAD GBP CAD pound canadiandollar priceaction priceactionanalysis

mtfa supplyanddemand doubletoporbottom gbpcad gbp cad pound canadiandollar priceaction priceactionanalysis

snapshot

GBPCAD broke a key daily structure support.
Now we see its retest.

Analyzing intraday time frames I spotted a minor horizontal structure resistance.
On that the price formed a double top formation and the broke its neckline.

I expect a bearish trend continuation.
Goals: 1.6875 / 1.683

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