Zeheart
Short

Potential Small Short @ GBPCAD

FX:GBPCAD   British Pound/Canadian Dollar
236 12 2
Last Friday Pin Bar form at the top, it has reject the previous high.. This candle stick seems to be a potential short trading.. But bear in mind, overall trending is still up, therefore plz be aware.
yep also the candle itself, it already retraced significant within the latest candle. picking tops and bottoms is tricky.
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Zeheart nihal.bhat.7
yeah.. there is no way to pick.. i would say very likely i will take up this trade but will wont be taking huge lot size.. as in its a Counter Trend trade for me.. but the candle pattern is tempting to me =)
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cool. no harm taking trade as long as u got risk management.
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nihal.bhat.7 nihal.bhat.7
there is divergence on D too.
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Zeheart nihal.bhat.7
so meaning that a down move is very likely to happen =)
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Nice find! This could be a trend reversal. 1.795 barrier of importance imo.
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yep i got this setup too. its on my pairs list and will decide monday. double top, and divergence and candlestick.
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did u take this trade or still waiting. thanks.
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Zeheart nihal.bhat.7
i place pending order.. still yet to trigger
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yeah its been choppy.
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still not giving clear reversal sign.
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looks like it is continuing. i guess the setup is a failure then?
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