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VladimirRibakov
Sep 18, 2018 10:15 AM

GBPCAD Sell Idea Short

British Pound/Canadian DollarFXCM

Description

D1 - Price is at the top of the bearish channel, hidden bearish divergence.

H1 - Bearish divergence. If the price breaks and holds below the uptrend line, we may consider this as an evidence of bearish pressure and then we may start looking for the sells.

Invalidation – If the price moves higher, breaks and holds above the previous high, then this setup will be invalidated.
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