GbpUsd Weekly Levels | Week End Update And Opportunities
Here an update on the published Weekly S/R Levels at the beginning of the Week (see related Idea) and how Price behaved around these Levels.
Just following the Support Turned Resistance protocol gave some nice Entries with ranges from 50, 130 and 190 Pips. The good ones had little to no Draw Down and gave you speed away from your Entry Point.
You only want to have the good ones, right? So when you see a good Setup based on your trading rules and you don't see such behavior from the start....better to bail out, take a small loss and wait for the next Setup.
Happy Hunting, Stay Safe!
Warm Regards,
Mariinus
Just following the Support Turned Resistance protocol gave some nice Entries with ranges from 50, 130 and 190 Pips. The good ones had little to no Draw Down and gave you speed away from your Entry Point.
You only want to have the good ones, right? So when you see a good Setup based on your trading rules and you don't see such behavior from the start....better to bail out, take a small loss and wait for the next Setup.
Happy Hunting, Stay Safe!
Warm Regards,
Mariinus
Comment:
Tommorow fresh Levels for the Week Ahead!
