Hey everyone!
Following up with the running GBPUSD long trade, I made some notes on my journal, here they are, enjoy!
Trade Followup Notes
Lack of follow-through signals a potential strong presence of supply around the newly formed support area, however, H4 shows strong signs of consolidation which backs-up the idea of a continuation as long as the support remains valid.
The triangle seems to be breaking to the downside, but the support is older and the price hasn’t made any significant bearish run to suspect a potential fake breakout
Following up with the running GBPUSD long trade, I made some notes on my journal, here they are, enjoy!
Trade Followup Notes
Lack of follow-through signals a potential strong presence of supply around the newly formed support area, however, H4 shows strong signs of consolidation which backs-up the idea of a continuation as long as the support remains valid.
The triangle seems to be breaking to the downside, but the support is older and the price hasn’t made any significant bearish run to suspect a potential fake breakout
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.
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.