PIPDADDY22

GBPUSD long position - 1%

Long
FX:GBPUSD   British Pound / U.S. Dollar
Price broke and closed above a range on the 15 minute time frame, which to me indicated bullish momentum even though the higher time frame bias was bearish, I believed that price action was forming a base after a rally and then a continuation to the upside (another rally). Unfortunately i was wrong and in hindsight, looking at the RSI as it was showing over bought. I will not take these set ups again and wait for price to pull back into a demand zone with added confluence such as an indicator.
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