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stamoyo

GBP/CAD Plausible price action

Short
British Pound / Canadian Dollar (FX_IDC:GBPCAD)  
stamoyo Updated   
FX_IDC:GBPCAD   British Pound / Canadian Dollar
Chart Patterns Harmonic Patterns Technical Indicators
1
0
chartpattern harmonicpatterns indicator
The pair has formed a bearish 'butterfly' which is accompanied by decreasing RSI highs. TP1 and SL1 are quite marginal and undergo huge change.
*Disclaimer: this is for educational purposes only*
Comment:
Good SL can be estimated by using the 1H chart.
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