Hiya Ali and everyone else.
I would really want input if this would be a good bear trap example that happened recently on GBPUSD Daily Chart. I tried to shift down to H4 to find a valid entry point (As the retest of the bear trap).
Possible bear trap on GBPUSD D1.
Possible entry point on GBPUSD H4. I have come up with a retest of the bear trap zone that created a possibly small demand zone too.
I am really trying to catch up with some really simple ideas being traded in this journal. Inputs are welcome.
Thanks!
I would really want input if this would be a good bear trap example that happened recently on GBPUSD Daily Chart. I tried to shift down to H4 to find a valid entry point (As the retest of the bear trap).
Possible bear trap on GBPUSD D1.
Attached Image
Possible entry point on GBPUSD H4. I have come up with a retest of the bear trap zone that created a possibly small demand zone too.
I am really trying to catch up with some really simple ideas being traded in this journal. Inputs are welcome.
Thanks!
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