GBPCAD 4HR - SHORT DONT MISS THE FALL
2019-11-18 15:54:53
A zigzag correction of ABC is completing for Subminuette Wave 2 and price is currently retesting the 61.8% Fibonacci Level.
There is also divergence on MACD indicating the bulls losing its buying power hinting a potential reversal.
SCENARIO
Recommendation: Sell
Wait for price to break the trendline downwards and Sell. Our first target is the channel support.
Goodluck.