SantanderCapital
Short

GBPCAD Head & Shoulders

FX:GBPCAD   British Pound/Canadian Dollar
59 0 2
Chart: 4 Hour
Market: Bearish

Bearish Indicators:

1. Head & shoulders chart pattern
2. Bearish engulfing candlestick ( daily chart )
3. Price below daily / weekly support turned resistance @ 1.90300

NOTE: Price may have already breached the head and shoulders chart pattern, however
a pull back to the neckline is common after a sell off. Pending sell order set for neckline
@ 1.89907.

Agree / Disagree? Comment Below!
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