GBPUSD LONG IDEA (Bullish Cypher)
Looking to place a buy limit at 1.21381.
Trade fermée manuellement
Buy limit order opened and closed manually at 1.21530 in 15 pips profit.Note
(Journal) Small profits bagged but, due to not paying attention to the overall trend on the larger frame. I believe this is a major pitfall for many traders, I'm glad I'm keeping a journal of all the ideas I post because man if I didn't write down where and why I went wrong, my trading career would be finishedddd. 😂Obviously 15 pips is better than 0 pips so I'm grateful, but by zooming out I can see NO:
-Shift in Momentum.
-Potential Reversal.
-Strong Bullish Impulse moves.
Therefore, price is still looking weak & it's difficult to "predict" or make a "calculated decision" in a ranging environment. Just gotta wait for that breakout on the 4H+ and make a trade accordingly.
Clause de non-responsabilité
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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.