When you look at the GBPCAD pair, you can see that it creates a clear channel pattern and oscillates within it. However, you can see how an inverted head ans sholder reversal pattern develops over a period of 1 hour. Since most of the technical indicators show negative results, there may be some problems in this analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.