( trade in progress) week46 Gbpcad D1 shooting star at resistance

A trendline resistance was drawn few weeks ago.

D1
week46 GBPCAD D1 resistance confluence 171115

However price hovered at the top for several days, without moving. Short positions were initiated & otm for 2 weeks. It was not until yesterday that a trappedtrader signal was printed, signalling a potential top and ready for price to move down.

week47 g6pcad d1 trappedtraders 241115

edited 271115

profit taken by end of the night , within 24 hours, at 2.0000

 

 

 

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