GBPUSD order placed now with a tight SL for a decent profit. I acknowledge that this could blow right past the SL as we had good momentum today; however after closing my longs today, i seen really heavy resistance on the 4 hr which leads me to believe there were sell orders in that area as that was not your usual taking profit movesAlso on the retracement front, we hovering around 618 mark and therefore i set TP around the area i did as that would be 382. (taking my data from my MT charts)
As such i have set a sell order and we may see it open in tomorrows early sessions. All a waiting game now. But i am happy with my long profits for today, unfortunately i did not post the idea as i took the positions early this morning.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.