GBP/CAD Bearish Kumo Breakout+Flag Continuation Pattern

FX:GBPCAD   British Pound / Canadian Dollar
128 2 0
The GBP/CAD             has recently broken down the kumo cloud during an impulsive bearish move. The pair is currently consolidating in what seems like a flag pattern . We're looking to trade with the flow and direction of the market, thus we're short the pair, aiming towards the projected breakdown of the flag.
ranging so far,
maybe after ~7-8 Jan?
+1 Reply
SamKent MertErten
The pair has been ranging too long, the pattern is no longer valid and the direction of the market remains unclear with a slight bias to the downside.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out