1. On 4 hour timeframe of GBPUSD , you can see this is an ascending triangle pattern on the market chart, which indicates the market is continually moving upward until the buying candlestick shows the false breakout on the top of ascending trend line .
2. After that, GBPUSD was collapsed by the price broken below the descending trend line . On last Friday market session, GBPUSD was consolidated for retesting the market structure at the resistance region of 1.25250 and the supporting region of 1.24076.
3. At the consolidation stage, I entry the market at 1.24775. However, I was partial close order at 1.24665 because my unsteady emotion affected my trading mind while the market was retrace to retest the market at the supporting region of 1.24166. Unexpectedly, the price is collapsing and breakdown the supporting region to react the consecutive bearish structure on GBPUSD .
4. Overall, patient is the main element of the trading. Without a steady emotion on the trading process, trader is hard to make a big win rate on the trade, and the trading strategy will be ruined on the nice market opportunity.
2. After that, GBPUSD was collapsed by the price broken below the descending trend line . On last Friday market session, GBPUSD was consolidated for retesting the market structure at the resistance region of 1.25250 and the supporting region of 1.24076.
3. At the consolidation stage, I entry the market at 1.24775. However, I was partial close order at 1.24665 because my unsteady emotion affected my trading mind while the market was retrace to retest the market at the supporting region of 1.24166. Unexpectedly, the price is collapsing and breakdown the supporting region to react the consecutive bearish structure on GBPUSD .
4. Overall, patient is the main element of the trading. Without a steady emotion on the trading process, trader is hard to make a big win rate on the trade, and the trading strategy will be ruined on the nice market opportunity.