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nakedchartist

GBPCAD at the neckline retest pending start of bear reversal

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
nakedchartist  
FX:GBPCAD   British Pound / Canadian Dollar
GBPCAD neckline bulltrap Parallel Channel Moving Average Convergence / Divergence (MACD) Divergence
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gbpcad neckline bulltrap parallelchannel macd divergence
GBPCAD is currently at the 5 months low resistance which functions as a neckline.
I have a h1 channel macd setup and should price plunge below yesterday low, it will signify the completion of a slanted hns and a completion of a flush of 4 weeks high.

Then it may be the start of a nice ride down.

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