🚀After a brief consolidation near the 50% Fibonacci retracement, price performs a bullish fakeout, signaling its intention to move higher.
The 14:00 candle stands out as a clear sign of strength from buyers.
🔍 Trade Setup
📍 Entry limit: [1.33563]
⛔ Stop Loss: [1.33338]
🎯 Take Profit: [1.33786]
⚖️ Risk/Reward: ≈ [1:1]
💬 What’s your outlook on GBPUSD?
Is this the start of a new leg up?
Share your thoughts in the comments 👇
The 14:00 candle stands out as a clear sign of strength from buyers.
🔍 Trade Setup
📍 Entry limit: [1.33563]
⛔ Stop Loss: [1.33338]
🎯 Take Profit: [1.33786]
⚖️ Risk/Reward: ≈ [1:1]
💬 What’s your outlook on GBPUSD?
Is this the start of a new leg up?
Share your thoughts in the comments 👇
Trade closed: stop reached
Took a loss on this one. The main issue was a rushed analysis, influenced by the desire to lock in profits.I recognize the bias, take the lesson, and move forward with more discipline.
The market remains the best teacher.
Stay disciplined.📈
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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.
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.