GBPCAD NECKLINE SHORT Bat Pattern with Head and Shoulders Pattern
PAIR: GBPCAD TIME-FRAME: 4H TRADE: CYPHER PATTERN Waiting for a Long opportunity on the GBPCAD 4 Hour time frame. Hit that like button, please share and comment away before you leave! Click "Like" if you find the information useful. Click follow if you want to stay updated with my ideas.
Respected followers, yesterday GBPCAD rejected its trend line to move down. We can sell this pair at current market price. Trade at your own risk.
The price made a triple top within the downtrend line on the daily chart. After it, it broke the consolidation and now came back for the retest, already showing signs that the sellers are coming back to the game. I`m gonna wait for a strong price action and then I`m going short.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
GBPCAD possible goes down for next support zone
GBPCAD Goes up for next resistance level
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.