GBPCAD Head & Shoulders
Chart: 4 Hour
Market: Bearish
Bearish Indicators:
1. Head & shoulders chart pattern
2. Bearish engulfing candlestick (daily chart)
3. Price below daily / weekly support turned resistance @ 1.90300
NOTE: Price may have already breached the head and shoulders chart pattern, however
a pull back to the neckline is common after a sell off. Pending sell order set for neckline
@ 1.89907.
Agree / Disagree? Comment Below!
Market: Bearish
Bearish Indicators:
1. Head & shoulders chart pattern
2. Bearish engulfing candlestick (daily chart)
3. Price below daily / weekly support turned resistance @ 1.90300
NOTE: Price may have already breached the head and shoulders chart pattern, however
a pull back to the neckline is common after a sell off. Pending sell order set for neckline
@ 1.89907.
Agree / Disagree? Comment Below!
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.
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.