GBPUSD Analysis
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.
Note
Took another postition: Note
^ took this trade out for break even. I wasnt feeling the 5 min setup.
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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.