GBP CAD - Short Flashcard
- Pair in bearish trend
- Pair presented with a double top which was stopped out after entry
- Then another double top appeared with divergence @ 68 and a false bullish channel
- Entry was on the second leg close below 13 ema
- Stop 15 pips above second leg high
- TP1 @ 800 ema
- Trade close @ RSI cross into volatility bands @ 32 and Signal line @ 110 pips
- Pair in bearish trend
- Pair presented with a double top which was stopped out after entry
- Then another double top appeared with divergence @ 68 and a false bullish channel
- Entry was on the second leg close below 13 ema
- Stop 15 pips above second leg high
- TP1 @ 800 ema
- Trade close @ RSI cross into volatility bands @ 32 and Signal line @ 110 pips