*READ DESCRIPTION* HOLD short on GBPUSD
and this RIGHT HERE my fellow traders is why in my previous post on GBPUSD I specifically stated we needed to WAIT for the pullback. I saw some take the short position earlier, just as it reached the trendline. I'm not trying to sell you anything. I'm trying to help you guys stop losing money and blowing accounts! Feel free to tag me when you're unsure.
I have a sell stop at 1.30511 and may move it a tad lower. If it's going to drop is still a maybe. This level is a soft level and GBP could potentially continue to the strongest level which is 250 pips in the other direction.
I can't see myself chasing a buy if it continues as I've put enough energy into confirming that continuation will likely happen sometime in the end of this daily candle.
This is just an idea and I'm definitely open to some feedback. Plus, I'm not a financial advisor anyway, and you should be minding your own risk management. haha
support more ideas/signals/charts/streams >> $theanasmuhammad
I have a sell stop at 1.30511 and may move it a tad lower. If it's going to drop is still a maybe. This level is a soft level and GBP could potentially continue to the strongest level which is 250 pips in the other direction.
I can't see myself chasing a buy if it continues as I've put enough energy into confirming that continuation will likely happen sometime in the end of this daily candle.
This is just an idea and I'm definitely open to some feedback. Plus, I'm not a financial advisor anyway, and you should be minding your own risk management. haha
support more ideas/signals/charts/streams >> $theanasmuhammad
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