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British Pound / Canadian Dollar
Short

Trade idea - GBPCAD Short

By FXKjell
Updated
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
Comment
MONTHLY

Double top pattern potentially in play.

-27 Fibonacci has been completed.

Clear support & resistance zone is there.

snapshot

Comment
DAILY

-27 Fibonacci has been completed.

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Trade active
Active
Comment
Risk free.
Bearish PatternsChart PatternsForexfxtradingGBPCADgbpcadshortpatternsshortsetupSupply and DemandsupportandresistancezonesTechnical AnalysisTrend Analysis
FXKjell

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