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SimonVerlinde

GBPCAD SHORT

Short
British Pound / Canadian Dollar (OANDA:GBPCAD)  
SimonVerlinde  
OANDA:GBPCAD   British Pound / Canadian Dollar
Beyond Technical Analysis
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beyondta
snapshot
Weekly:
- Reversal
- Bearish retrace candle close
- Bullish market structure

snapshot
Daily:
- Bearish
- H&S with confirmed
- Ascending channel is broken
- Clear retest wick shows me that bulls are "tired" combined with the ascending channel
- IC as S and D zone of shoulder 1

snapshot
4H:
- Bearish
- Bearish W
- Corrective PA (FIB C aligns between IC)
- Entry is based on FIB C, Daily S1 and FIB C
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