GBPUSD - Daily Timeframe
as we can see price broke the trend line but I didnt broke the trend. a lot of traders fail into this mistake and lose a lot of money!!!
now the price is around the last HL on the Daily TF. if price will close strongly below the last HL, then we need to wait for the retest to confirm that level is broken and then we can sell.
as far as price is holding above the last HL, then we are still in an uptrend.
simplicity is always a key :)
now the price is around the last HL on the Daily TF. if price will close strongly below the last HL, then we need to wait for the retest to confirm that level is broken and then we can sell.
as far as price is holding above the last HL, then we are still in an uptrend.
simplicity is always a key :)
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