LesLeso

GBPCAD| Ascending Structure Double Top Reversal Play :)

Short
FX:GBPCAD   British Pound / Canadian Dollar
Had a short bias for a while on GC, however the confirmations we were waiting for, didn't pan out. The bias remains the same and the structure just evolved into a deeper ascending structure, this gives us an even better shot for the short play. Now we're looking for an ascending structure at our 3rd touch on the resistance trendline, this will be added confluence at the HTF Double top area which increases the short probability. All 3 types of entries could be used there depending on the development of PA.

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