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Roker1
Feb 28, 2018 9:57 AM

Short with a double top on GBPCAD Short

British Pound/Canadian DollarFXCM

Description

Hey guys,

i've been looking at this pair from last week and this could be the right moment to enter the market, according to my trading strategy. We're testing a very strong resistance and we've seen price slowing down approaching that level. And now you can see a triple top that's forming on the 4hr chart. I'm entering now with stops and targets as shown. Be careful with this, it's a counter trend opportunity.

If you have questions/ideas, feel free to comment below.
Otherwise, see you in the next chart!

Trade active

Trade closed: target reached

First target hit! Stops moved to breakeven
Comments
Sharecrazy
Piptastic !
Roker1
@Sharecrazy, let's see mate!
JordanWillson
Bang on the dot as always Mr Roker!
Roker1
@JordanWillson, a bit of luck doesn't hurt :)
Sharecrazy
90 pips of pure honey oil , filling the vape for u now roker , :)
Roker1
@Sharecrazy, great!
morriskay
sweet find dude. You have a nice divergence on the RSI at the triple top
Roker1
@morriskay, you're right! Good eye ;)
Sharecrazy
Watching for the next drop , :)
LouisSugunaFX
I agree, however we could go up further to the weekly fib @1.782. A lot of early sellers on this thing! all the best
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