Get started
RizeSenpai

GBPCAD: Hidden Bearish Divergence Confirming a 3rd Lower High

Short
British Pound / Canadian Dollar (OANDA:GBPCAD)  
RizeSenpai  
OANDA:GBPCAD   British Pound / Canadian Dollar
Technical Indicators Chart Patterns Trend Analysis CAD GBP hiddenbearishdivergence commdodities inflation
4
1
indicator chartpattern trendanalysis cad gbp hiddenbearishdivergence commdodities inflation
We have some Hidden Bearish Divergence on the monthly MACD as the GBP is failing to get above the highs for the 3rd time. This could eventually lead to a huge breakdown that could take it all the way down to the 1.618 Fibonacci Extension.

Related Ideas

RizeSenpai
GBPJPY: Bearish Crab Visible on the Daily
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.