GBPCAD, Great Britain Pound - Canadian Dollar: Head & Shoulder

FX:GBPCAD
Currently a head and shoulders is being formed, which can be either in a continuation or inversion pattern to be considered valid.
We always wait for the breakout as a reference to enter a trade.
We believe that technical analysis on Forex is only effective with weekly charts. The stop loss is always given by our strategy, perfectly backtested and used in a systematic way.
Good Trading to All!