GOING TO BURST

GBPCAD

Price currently in correction mode, if the correction ends at this level, then price will fall.

Confluence:
Bearish Flag
BRN

Note: Invalid if price break structure

Entry Confirmation
Wait for valid bearish CRS then entry

Entry:
Sell @ 1.6720, SL @ 1.6820 (100 pips), TP @ 1.6300 (420 pips)