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pipdrifter
Sep 28, 2020 3:26 AM

2020-09-27 - GBPUSD Short

British Pound/U.S. DollarFXCM

Description

I've been too early to the bull run all last week. Looking at Elliot Waves to the downside until we reach the next logical buy zone for the bull run to begin. TVC:DXY has been gaining strength and I'm expecting it to continue bullish for a portion of this week. Will look to enter GU short.

Comment

Price pushed up, move down started during NY session. Was a bit early in the TA.

Comment

I've gone back to analyze my issues in this trade.

I let the previous week hurt my overall bullish analysis. We created a large flag and have continued up. Learn from the mistakes.
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