Hello everyone, This is my analyse on gbpcad (4h) time frame. Please comment why if you disagree as i'm still trying to improve and become a better trader.
I'll appreciate all comments and take them on board.
Thank you for the advice! Next time I’ll enter twice but move my first TP to the support line then when that happens move the second to entry so i make profit on one and on the other at least break even But thanks i really appreciate the comments recently been a confidence boost and gave me value so thank you 🙏🏽
Progression
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Very good analysis bro, clear and with reason. The stop loss is good but careful with the take profit below that support it could bounce back up. You can leave the take profit there but watch out for any price action at the support indicating a reversal (such as a doji star followed by a big bullish candle which occurred the last time it hit that support). Good luck!