GBPCAD: Selling into the Bullish Bat
Last week GBP meeting and positive CAD news sent this pair strongly downwards. Coming into this week, we do have two potential setups to keep an eye on.
On the lower timeframe, H1, we have a double top divergence setup in confluence with a 141.4 extension as well.
On the higher timeframe, H4, we have a bullish Bat pattern setting up.
On the lower timeframe, H1, we have a double top divergence setup in confluence with a 141.4 extension as well.
On the higher timeframe, H4, we have a bullish Bat pattern setting up.
Trade active:
Double top divergence setup has been triggered and active.
