GBPCAD Short
Updated
Long term support/resistance line
Recent 4H double top with MACD divergence lower.
Intraday break and retest of trend line at 382 Fib and 4H 50EMA and 1H 50EMA with high test candles
Entry 5M volume spike under 50EMA/phase line
Stop 618 Fib
Target recent lows, 1.5:1
Recent 4H double top with MACD divergence lower.
Intraday break and retest of trend line at 382 Fib and 4H 50EMA and 1H 50EMA with high test candles
Entry 5M volume spike under 50EMA/phase line
Stop 618 Fib
Target recent lows, 1.5:1
Trade closed manually
1% profit
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