GBPCAD: Classic Triple Top Formation!

Short

British Pound / Canadian Dollar (FX:GBPCAD)

FX:GBPCAD British Pound / Canadian Dollar

Trend Analysis Chart Patterns Wave Analysis pound canadiandollar poundsterling signals Technical Analysis trader fx money

trendanalysis chartpattern waveanalysis pound canadiandollar poundsterling signals technicalanalysis trader fx money

snapshot

we see a very rare triple top formation on gbpcad daily chart!

to short it wisely we need a daily candle close below the underlined support, to then sell on a pullback!

stop will be 1.741

target levels:
T1 - 1.70 (50% profit taking)
T2 - 1.675

P.S remember that it can easily turn to quadruple top))
the plan will be the same!

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

about AUDNZD 5

about EURAUD 17

about USDJPY 12

about NATGASUSD 5

about EURGBP 5

about 6758 3

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.