GBPUSD SL

54
GBPUSD sadly hit stop loss yesterday evening.

The technicals on this trade were beautiful however the reason we were stopped out was due to having a stop loss far too tight.

My original thought was to have SL placed above the 15M resistance level however I entered this trade late and I placed a tighter SL.

If SL wasn't hit and the target was achieved we would have caught a 15% move.

For future trades, I will incorporate and better placed technical stop loss.

Result -2.5%.

Penafian

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