Categories: Technical Analysis

GBPCAD reaching top

Hi friends,

An interesting pair to pay attention to is GBPCAD.

The pair is reaching a top that could be created at 1.615-1.63 range.

The 4H divergence should be the trigger for us. 1.5980 could be nice target for the pair.

Here is the chart (Click to enlarge):

I wish you good trading and wonderful day

Yours,

Vladimir Ribakov
http://www.divergenceuniversity.com/

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Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.

View Comments

  • Hi my friend,

    I will analyze the market at weekend after the NFP goes quiet :)

    Thanks for the words,

    Job done for GBPCAD

    Vlad

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