GBPUSD broke the 1 Hour downtrend with an impulse. To confirm the breakout it should correct lower.
I will watch it in smaller timeframes for a second breakout and then i will trade it.
Remember do not jump in a trade BEFORE it confirm the movement
I will watch it in smaller timeframes for a second breakout and then i will trade it.
Remember do not jump in a trade BEFORE it confirm the movement
Note
It is a short term trade, i move my stop loss to BENote
By now you should have already get good profit guys, if not then you should have at least BE tradeNote
Trade worked out as expectedDisclaimer
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.