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Daily Forex Chart Art - Nov. 16, 2015

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    GBP/CAD: 4-hour Here’s a range setup that you can trade wit your eyes closed! GBP/CAD is once again finding resistance at the 2.0275 area, a level that the bulls haven’t broken since mid-October. Not only that, but I’m also seeing a potential bearish divergence on the 4-hour time frame. A stop just above the range could give you at least 200 pips if you aim for the range support. If you don’t think the range would hold though, then you could also wait for an upside breakout (and maybe a

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