FX:GBPCAD   British Pound / Canadian Dollar
T.D 9 is signalling that a reversal might be coming up. Looking at the divergence and the supply zone that pice is currently pulling back into, combined with the reversal range that the 50 day MA is passing through a possible reversal looks indeed likely. Before going short, wait for a bearish candle and a close below the T-Line on the 1 hour time frame. This would indicate that a change in investor sentiment have taken place and that the bears are stepping in. The T-Line (or Trigger Line) is the 8 EMA.
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