TradingView
ShaquanLopez
Jul 20, 2023 3:06 PM

Forex Journal #3 : GBPUSD Keeps Falling Short

Great Britan Pound / US DollarEightcap

Description

In my journal, I'm noticing GBPUSD made a new lower low on the 4 hour timeframe. Although price is in an uptrend as clearly seen on the daily and weekly timeframe, any sells taken will be a countertrend trade.

I prefer to trade down to my weekly estimation zone 1.27620 and entering on the 4 hour timeframe to keep the stop loss small.

Trade at your own risk and risk level.

I'd love if you can reply your thoughts and like the video for more
Comments
Javajames94
great video
More