GBPCAD at the neckline retest pending start of bear reversal

By nakedchartist
GBPCAD is currently at the 5 months low resistance which functions as a neckline.
I have a h1 channel macd setup and should price plunge below yesterday low, it will signify the completion of a slanted hns and a completion of a flush of 4 weeks high.

Then it may be the start of a nice ride down.
bulltrapDivergenceGBPCADMoving Average Convergence / Divergence (MACD)necklineParallel Channel
nakedchartist

Related publications

Disclaimer