Get started
glennmercer

GBPCAD Short: H&S + Channel Breakout = Power Reversal

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
glennmercer Updated   
FX:GBPCAD   British Pound / Canadian Dollar
GBPCAD breakout Parallel Channel Head and Shoulders HAS Pivot Points glennmercer gmercerfx
14
5
gbpcad breakout parallelchannel headandshoulders has pivotpoints glennmercer gmercerfx
Hey traders, we have a big potential reversal pattern here on GBPCAD. H&S has completed on the 1H with many missed pivots below. Channel breakout will provide resistance against SL. Trade only active at limit and move to B/E target is 1:1. Cheers
Trade active:
Trade closed: stop reached:
SL reached on GBP strength. We are still in GBPAUD long. Cheers!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.