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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.





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