GBPUSD Trend continuation set-up
After breaking the weekly highs on the 1h time frame, we have been pulling back into previous structure resistance.
Giving us is a signal to look for long opportunities.
If we can hold this level, we can use price action to search for a good reason to buy this market.
This could come in the form any type of technical candle formation, like a doji candle followed by a HHHC or a double bottom for example.
As of now we do not know and have to watch what price action is doing.
Giving us is a signal to look for long opportunities.
If we can hold this level, we can use price action to search for a good reason to buy this market.
This could come in the form any type of technical candle formation, like a doji candle followed by a HHHC or a double bottom for example.
As of now we do not know and have to watch what price action is doing.
Note
I ended up opening a position this morgning, however it just rammed trough my stop loss causing me to lose 82 pips. These things happen and they are part of the game. I try to control the emotions during these quick and painfull losses, however i get empowered knowing my system has been backtested and i know that over time i should make a profit.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.