Forex Trades using Candlestick Patterns, Fibonacci

My second trade for the GBP/USD reversed and closed for a 136 pip loss, but I placed 2 other trades as the patterns still hold true as can be seen from the chart below. The first has closed for a profit of 130 pips and the second is still open with a profit of 230 pips at the time of this post. I am going to ride this one as the overall candlestick patterns for channels (daily chart for GBP/USD shown below) holds true and this was also validated by the fibonacci retracements on the hourly charts (not shown here, but maybe I will record a video, if I get the time).

Accordingly I am up overall for the month so far 347 pips with 121 pips in realized profits and the remainder in open positions.

The candlesticks reversed almost touched the upper resistance line of the downward channel and reversed from there staying within the channel. This reversal occoured around the 50% Fibonacci retracements on the hourly chart, still validating my analysis that the candlestick pattern will likely hold true within the channel. Accordingly I am going for the larger profits for my open position and will not move my stops as yet until the market has moved further in my favor.

If I record a video showing the analysis then I will later update this post and put a link to the video here.

Feel free to email me questions (myforexdna@yahoo.com) or post your own results.