Double Top on GBP/CAD @ W1
The double top pattern on weekly chart of GBP/CAD offers an opportunity for a bearish breakout. The pattern's tops and neckline are marked with the yellow lines. My potential entry level - the cyan line. My potential exit level - the green line. Stop-loss is to be set to the high of the breakout bar (not shown).
More information, chart template, and a free expert advisor to automatically trade this pattern - on earnforex.com/blog/disfigured-double-top-on-gbpcad-weekly-chart/
More information, chart template, and a free expert advisor to automatically trade this pattern - on earnforex.com/blog/disfigured-double-top-on-gbpcad-weekly-chart/
Trade active
Pending order triggered yesterday at 15:55 GMT. Entry = 1.96127, SL = 2.02925, TP = 1.85090.Trade closed: target reached
Profit target (1.85093) reached today at 13:44 UTC.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
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.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
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.