GBPUSD Analysis
Updated
I took a short on gbpusd and I am still holding it at break even.
Sorry I didnt post anything yesterday, but I fell asleep to be frank with you.
I placed a sell limit above the HL channel because I expected market to come up and violated those HL. Grabbing all the sell stop loss and also trigger the buyers into the market.
If you havent enter this trade, you can enter again around 1.38635 IF IT REJECTS! If it passes through that zone, do not take the trade. 1 to 2 candle confirmation rejections.
Sorry I didnt post anything yesterday, but I fell asleep to be frank with you.
I placed a sell limit above the HL channel because I expected market to come up and violated those HL. Grabbing all the sell stop loss and also trigger the buyers into the market.
If you havent enter this trade, you can enter again around 1.38635 IF IT REJECTS! If it passes through that zone, do not take the trade. 1 to 2 candle confirmation rejections.
Comment
Took another postition: Comment
^ took this trade out for break even. I wasnt feeling the 5 min setup.
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