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leszekstanislaw
Sep 8, 2015 6:28 AM

GBPUSD M15 - Equal corrections + S/R - failed 

British Pound/U.S. DollarFXCM

Description

Weekend I thought about long positions starting from red line, because correction were small and this need at least 38.6% of 'price breathing". Monday I changed my mind because I have seen
  • top of channel - nice place to short
  • S/R zone
  • equal correction move

It failed. No luck with GBPUSD :(
I did not watch this all the time, but I think I could go long when price made small pullback to top of this greenish box...

Anyway - another lessons - remember about bigger picture!
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