GBPUSD: Retracement Trade

1 May 2023

A retracement is a minor pullback or change in the direction of a financial instrument or Retracement happens when the price reverses near the pivot points of support and resistance levels.
Indeed I am going against the Daily bullish trend. Stop loss obviously placed slightly above the resistance, and take profit slightly before the support.

Thank you

#agofx #gbpusd

2 May 2023

Not

Move SL to BE.