GBP/CAD longterm short

31 May 2016

Weekly :
- big bearish H&S pattern
- Deceleration
- weekly high test rejecting the 50 ema

Daily:
The price has decelerated at 1.93400 level
Has not been able to break above 200 daily ema

4H:
- price has broken below rising trendline
- forming textbook H&S Pattern
- big bearish MACD divergence

Drawback:
GBP gaining strenght on the back of brexit fading

let me know what you think, thanks