GBPUSD LONG IDEA (Bullish Cypher)

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Paun British / Dolar A.S. (FX:GBPUSD)

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FX:GBPUSD Paun British / Dolar A.S.

harmonicpatterns trendanalysis chartpattern cypher-harmonic learning

Looking to place a buy limit at 1.21381.

Dagangan ditutup secara manual:

Buy limit order opened and closed manually at 1.21530 in 15 pips profit.

Komen:

(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.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.