The double top pattern on weekly chart of GBP/CAD offers an opportunity for a bearish breakout. The pattern's tops and neckline are marked with the yellow lines. My potential entry level - the cyan line. My potential exit level - the green line. Stop-loss is to be set to the high of the breakout bar (not shown).
More information, chart template, and a free expert advisor to automatically trade this pattern - on www.earnforex.com/bl...gbpcad-weekly-chart/
More information, chart template, and a free expert advisor to automatically trade this pattern - on www.earnforex.com/bl...gbpcad-weekly-chart/
Trade active:
Pending order triggered yesterday at 15:55 GMT. Entry = 1.96127, SL = 2.02925, TP = 1.85090.
Trade closed: target reached:
Profit target (1.85093) reached today at 13:44 UTC.
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