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Rising channel with bearish divergence at 1.6700 on the GBP/CAD
British Pound / Canadian Dollar
Short
Rising channel with bearish divergence at 1.6700 on the GBP/CAD
By forexjunkie33
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Updated
Sep 21, 2017
2
Sep 21, 2017
Here we have a rising channel with bearish divergence on the GBP/CAD at the 1.6700 level giving us a chance for a short entry with a great R/R ratio.
Entry is at market
Stops are at 1.6750
Target 1 is at the 0.386 fib level
Target 2 is at the 0.618 fib level
Good Luck
Sep 21, 2017
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Chart Patterns
forexjunkie33
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