Trade idea - GBPCAD Short
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.
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.
Comment
MONTHLY
Double top pattern potentially in play.
-27 Fibonacci has been completed.
Clear support & resistance zone is there.
Comment
DAILY
-27 Fibonacci has been completed.
Trade active
ActiveComment
Risk free.Trade closed: stop reached
Break even.
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