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British Pound / Canadian Dollar
Short
Updated

Trade idea - GBPCAD Short

252
4H

Bearish impulse / break of last HL: indication.

Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.


From 1H perspective: Corrective approach towards entry zone.

= Sell limit.

snapshot
Note
MONTHLY

Double top pattern potentially in play.

-27 Fibonacci has been completed.

Clear support & resistance zone is there.

snapshot

Note
DAILY

-27 Fibonacci has been completed.

snapshot
Trade active
Active
Note
Risk free.
Trade closed: stop reached
Break even.
Pipjager
Bearish PatternsChart PatternsForexfxtradingGBPCADgbpcadshortpatternsshortsetupSupply and DemandsupportandresistancezonesTechnical AnalysisTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bearish PatternsChart PatternsForexfxtradingGBPCADgbpcadshortpatternsshortsetupSupply and DemandsupportandresistancezonesTechnical AnalysisTrend Analysis
Pipjager

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.