GBP/USD 15M - As you can see price has played out very well to the analysis that I provided last night. I suspect that we will see a continuation now in this bearish structure moving forward.
I want to see the last low break and for price to begin trading beneath it, this will give us the confirmation we need in order to see further bearishness longer term in this market.
This trade is currently running + 46 pips. (+ 1.1%) 1.1RR
A big well done to anyone who got involved in this market, there was the opportunity to get involved with a more refined entry as you can see the fractal area of Supply I marked out.
I personally went from the 1D Supply Zone just to ensure safety on my position, yes this gives us a less refined trade and a lower RR return but it ensures that we can profit well from the position.
I want to see the last low break and for price to begin trading beneath it, this will give us the confirmation we need in order to see further bearishness longer term in this market.
This trade is currently running + 46 pips. (+ 1.1%) 1.1RR
A big well done to anyone who got involved in this market, there was the opportunity to get involved with a more refined entry as you can see the fractal area of Supply I marked out.
I personally went from the 1D Supply Zone just to ensure safety on my position, yes this gives us a less refined trade and a lower RR return but it ensures that we can profit well from the position.
