VladimirRibakov

GBPCAD Sell Idea

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FX:GBPCAD   英鎊 / 加元
W1 - Based on the levels of the double cycles we have a magnet zone. We may expect the price to move higher and reach this magnet zone with bearish divergence and then a reversal to happen from there.

D1 - Bearish divergence.

H4 - We may expect one more push higher with bearish divergence to form. We can then look for sells with the breakout of the uptrend line.

If you want to be more conservative then wait for the price to break below the last low and then start looking for sells.

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