GBP/CAD longterm short
Weekly :
- big bearish H&S pattern
- Deceleration
- weekly high test rejecting the 50 ema
Daily:
The price has decelerated at 1.93400 level
Has not been able to break above 200 daily ema
4H:
- price has broken below rising trendline
- forming textbook H&S Pattern
- big bearish MACD divergence
Drawback:
GBP gaining strenght on the back of brexit fading
let me know what you think, thanks
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