davide.braito

possible Shark pattern on GBP/CAD needs confirmation

FX:GBPCAD   British Pound / Canadian Dollar
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A possible Shark pattern on GBP/CAD but not confirmed yet, maybe a false breakout and an incomplete reversal candlestick pattern suggest that the cross maybe could go up again. The rsi is on overbought but there isn't bearish divergence yet.
See next week.

Comments

On 12h chart there is a bearish divergence on rsi and the candlestick pattern is an engulfing pattern, but I prefer the daily chart
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