LONG: Awaiting confirmation of SHS

British Pound / Canadian Dollar (FX:GBPCAD)

Updated

FX:GBPCAD British Pound / Canadian Dollar

headandshoulders gbpcad long shs shspattern

Awaiting confirmation of Head & Shoulder - hopeing to go LONG around 1,68100
Again a close SL to minimize possible loss and a large upside.

Trade active:

Touch of neckline - first very small position have been placed

Comment:

Added to the position early this morning 1,68601 and closed it again in 1,69485 so +88 pips
Original position still running
Looking to add again after the current retracement - properly at fib.62 on 1h chart around 1,68800 ish

Comment:

Seems I was wrong about the retracement, so I re-entered my added position 1,69413

Comment:

Moving up SL to ensure some profit

Trade closed: stop reached:

SL hit today after Bank of England changed interest rates today

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