
GBPCAD Forecast failed because I failed to read it properly. This is the proper reading!
Based on previous post: https://www.tradethevolumewaves.com/post/gbpcad-just-entered-long-this-is-why
This is the story:
The big mistake was that I acted too early - should have waited.
1. That 25.1 SI was the push down because did not break that 17.7 on the first up move.
2. On the contrary a Plutus Short was formed SI ratio 25.1 / 8.1>2 .
3. Hit the Fib and another Plutus Short with SI ration 15.8 /6.9 >2
... down we go
Nothing wrong with chart just wrong reading so the Lesson is:
Patience, patience - should have waited.
