Reason:
Other timeframes: Bullish across all timeframes only issue is big downward momentum.
Details: 15min and 30min all creating higher highs and lower lows. Looking for a pullback in to continue move down.
Entry - 1.28707
Initial Stop - 1.28577
Target - 1.29110
Other timeframes: Bullish across all timeframes only issue is big downward momentum.
Details: 15min and 30min all creating higher highs and lower lows. Looking for a pullback in to continue move down.
Entry - 1.28707
Initial Stop - 1.28577
Target - 1.29110
Trade closed: stop reached:
Price dropped too quickly after the trade was opened to close a portion of the position. There was a chance to close as price broke 15min low but it moved too quick.
I think the main issue with this is that momentum across all pairs, not just GBPUSD was down. So I was going counter-trend.
100% Stopped @ -13.4pips.
I think the main issue with this is that momentum across all pairs, not just GBPUSD was down. So I was going counter-trend.
100% Stopped @ -13.4pips.
Comment:
Video breakdown available here:
