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AidanMDang
Mar 20, 2019 11:47 AM
GBPCAD Multiple Rejection, Double Top, Rising Channel
Short
OANDA:GBPCAD
240
GBP/CAD
OANDA
Description
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Mar 20, 2019 11:47 AM
Here we have an opportunity to short GBPCAD at the break of the rising channel.
Bearish Signals: Double top, RSI divergence, 1.272 fib extension confluence with channel support and structure (look left!)
Double Top or Bottom
Parallel Channel
Support and Resistance
GBP
CAD
GBPCAD
Double Top
Comments
VasilyTrader
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Mar 20, 2019 4:39 PM
yes breakout and retest, but again, no need in fibs
AidanMDang
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Mar 21, 2019 9:24 AM
@VasilyPonomarev, I disagree because fib confluence gives extra confirmation... correct or incorrect?
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