FX:GBPCAD   British Pound/Canadian Dollar
39 0 3
T.D 9 is signalling that a reversal might be coming up. Looking at the divergence and the supply zone that pice is currently pulling back into, combined with the reversal range that the 50 day MA is passing through a possible reversal looks indeed likely. Before going short, wait for a bearish candle and a close below the T-Line on the 1 hour time frame. This would indicate that a change in investor sentiment have taken place and that the bears are stepping in. The T-Line (or Trigger Line) is the 8 EMA.
MIDAS Trading Tools for MT4 is available to download at https://www.mql5.com/en/market/product/17546#
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out