Aug 9, 2019
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GBPCAD H1: CONTINUE DOWN TREND

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GBPCAD / H4 / Technical Chart

Idea: Break trend line
Risk Management: 1 : 2.0
Breakeven: Every 35pips move down

Our Choice:
Short/Sell positions below 1.6040 with targets at TP 1 1.60180 & TP 2 1.5993 in extension.

Alternative:
Long/Buy position above 1.6048 look for further upside with TP 1 1.6072 TP 2 1.6097 as targets.

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