GBPUSD - ABCD pattern back to H4 support (12092016)

Was late last week's move on GBPUSD an overreaction?

Price has completed an ABCD pattern back to a key support zone in yellow.

I have gone long at 1.3270 with my stops at 1.3220 (50 pips)

Hoping to ride this until 1.35(280 pips) where it completes a bigger butterfly pattern to short.

Trade ist aktiv:

Went in at 1.3264, SL at 1.3220.

Shifted SL to breakeven.

Riding it to 1st target at 1.335 and 2nd target at 1.35.

Trade wurde manuell geschlossen:

Closed one ticket around 1.3320 and the other one hit my breakeven protective stops.