gbpcad short

welcome

here is my gbpcad short idea

its based on

not very clear bullish or bearish price but

price is trading under weekly pivot

price is trading under all emas

price is trading under 50% fib level of last weeks candle but trading above 50% fib level of monthly candle

most important here is the price behavior (correlation) between gbpcad and gbpaud . gbpaud also not cleary bull or bear but more bull then bear, sooo lets give it a try.

Trend Analysis

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