Balazs
Short

GBPCAD - Adjust & Sell the Reversal Pattern

FX:GBPCAD   British Pound / Canadian Dollar
39 0 7
Initially we were waiting for the consolidation to complete before buying again. Some small profit was made if watching carefully, we then shifted gears noticing this developing head and shoulders reversal patter. Not all predictions are 100% correct. Let's swallow our pride, make adjustments as needed and SELL :)

Even the Good Book says, "A man's pride shall bring him low: but honour shall uphold the humble in spirit." Proverbs 29:23
Comment: Over 550 pips since the start of this reversal trend :)
Comment: Nearly 1000 pips in less than 2 weeks on a single trade!
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