morpheus747

MACD Divergence and prices UP

Short
FX:GBPCAD   British Pound / Canadian Dollar
0
The MACD diverge from the price. The price still going UP exhausting the MACD indicator.

MACD now pass the 0 (zero) line to the bottom.

Stochastics say that the price is too high to still going up. The evidence is the dojis in the last long.

Now is only one resolution.

IS A LONG WAY DOWN! for the GBPCAD

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