GBPUSD , a pullback or a trend continuation
looking at the chart , and knowing that the trend is our friend on 1 h tf we can see that the price is in a bullisht trend , but in higher tf it looks like a pullback, depending on what you like to trand i will consider entering a buy in the demand zone shown above for two reasons
1. 15 min fresh zone , i expect a reaction from here and if it happens i will secure my entry
2. i like to ride the trend , i dont like to be a trend reversal trader so , even if i take a stoploss it will be a small stoploss .
tell me if you will follow
1. 15 min fresh zone , i expect a reaction from here and if it happens i will secure my entry
2. i like to ride the trend , i dont like to be a trend reversal trader so , even if i take a stoploss it will be a small stoploss .
tell me if you will follow
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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.