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ArturoL

Rising wedge

Short
British Pound / Canadian Dollar (OANDA:GBPCAD)  
ArturoL Updated   
OANDA:GBPCAD   British Pound / Canadian Dollar
Support and Resistance Double Top or Bottom Wedge britishpound canadiandollar Rising Wedge breakout
6
0
supportandresistance doubletoporbottom wedgepattern britishpound canadiandollar risingwedge breakout
I think the rising wedge is a continuation of the double top bearish pattern. Looks like a retest of the broken support. I'm going to start shorting now, if I see a fake break out of the resistance I'll add. My SL triggers only if a daily candles closes above the resistance.
Comment:
Just added:

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Comment:
Still holding, the resistance zone is rejecting it. Good entry point if you missed before:

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Comment:
This market is full of surprises, the pair apparently broke up. I'm still holding, I'm goin tot wait until the weeks ends, I think is a fake out in the weekly timeframe:

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Comment:
Still holding this sucker, I know it went way above my SL but I think GBP is heading to an important correction and eventually this pair is going to drop. Actually I think I'm going to add to my short position, looks like it wants to breakdown the channel:

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