GBPCAD in Reversal Mode
After printing HH and HL on bullish trend on 1H Time Frame.
A significant bearish divergence is visible on the RSI indicating the beginning of a bearish trend. and Head & Shoulder Pattern is also forming on the top.
Sell stop should be place under the Neck line and wait for the breakout of the Neck line.
Stop loss should be placed on the top at HH.
A significant bearish divergence is visible on the RSI indicating the beginning of a bearish trend. and Head & Shoulder Pattern is also forming on the top.
Sell stop should be place under the Neck line and wait for the breakout of the Neck line.
Stop loss should be placed on the top at HH.
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