Long GU

Actualizado
Reason:

Other timeframes: Bullish across all timeframes only issue is big downward momentum.

Details: 15min and 30min all creating higher highs and lower lows. Looking for a pullback in to continue move down.

Entry - 1.28707
Initial Stop - 1.28577
Target - 1.29110

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Operación cerrada: precio stop alcanzado
Price dropped too quickly after the trade was opened to close a portion of the position. There was a chance to close as price broke 15min low but it moved too quick.

I think the main issue with this is that momentum across all pairs, not just GBPUSD was down. So I was going counter-trend.

100% Stopped @ -13.4pips.

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Nota
Video breakdown available here:

Beyond Technical AnalysisChart PatternsGBPUSDgbpusdlongjournalTrend Analysis

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