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YerwantKansabedian

SHORT GBPCAD (simple analysis)

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
YerwantKansabedian  
FX:GBPCAD   British Pound / Canadian Dollar
Fibonacci Candlestick Analysis Wedge GBPCAD short Falling Wedge downtrend Fibonacci Retracement
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fibonacci candlestick wedgepattern gbpcad short fallingwedge downtrend fibonacciretracement
So here is why you should short GBPCAD:
-Downtrend
-Fib retracement at 50% level
-Falling wedge (we are currently at its topper length)
-Bearish Engulfing candle
-Moving averages crossed
-High sup/res zone (orange line where candle closed bearish)
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