Short GBP / CAD
Updated
Daily:
Triple top rejection at horizontal resistance at 1.76200, currently re-testing the resistance line.
4H:
Bearish evening star candle stick pattern at horizontal resistance line at 1.76200
Head and shoulder pattern where 2nd shoulder failed to push price higher than the 1st shoulder
Position: Long
Entry: 1.760
Stop Loss: 1.768
Target: 1.744
Risk:Reward = 1:2
Triple top rejection at horizontal resistance at 1.76200, currently re-testing the resistance line.
4H:
Bearish evening star candle stick pattern at horizontal resistance line at 1.76200
Head and shoulder pattern where 2nd shoulder failed to push price higher than the 1st shoulder
Position: Long
Entry: 1.760
Stop Loss: 1.768
Target: 1.744
Risk:Reward = 1:2
Trade active
Edit***Position: Short
Entry: 1.760
Stop Loss: 1.768
Target: 1.744
Risk:Reward = 1:2
Trade closed: stop reached
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