GBPCAD short POSSIBLE trade

٧ مارس ٢٠١٩

Considering the divergence, the way the price is moving (more like correction than a strong impulse bullinsh move), the current downtrend (daily timeframe) and the channel/support resistance zone, this could be a potential short trade. ONLY TRADE IT IF YOU SEE AN ENGULFING BEARISH BAR then the price test the confluence level.