GBP/USD Update: Finally reaching my Entry Level
There's no guarantee that this pair is going to reverse, but I would like to see a reversal in my favor. At this
point, I am more optimistic that the Feds is going to do something crazy and as a result this pair might get some
breathing room next week to reverse in my favor....I only care about a 1:1 right now.
As you can see, I can't risk more than 30pips on any positions, so I decided to risk 35 instead of 80 on that setup.
I hope that Price action never breaks that consolidation area on the left side.
" Look left, structure leaves CLUES "
Now, based on the Current Market sentiment, GBP is so freaking WEAK right now, and this is really really baddddddd!!! (Trump Voice)
Remember, I can always add more positions once the Reversal Trend is confirmed.
There's no guarantee that this pair is going to reverse, but I would like to see a reversal in my favor. At this
point, I am more optimistic that the Feds is going to do something crazy and as a result this pair might get some
breathing room next week to reverse in my favor....I only care about a 1:1 right now.
As you can see, I can't risk more than 30pips on any positions, so I decided to risk 35 instead of 80 on that setup.
I hope that Price action never breaks that consolidation area on the left side.
" Look left, structure leaves CLUES "
Now, based on the Current Market sentiment, GBP is so freaking WEAK right now, and this is really really baddddddd!!! (Trump Voice)
Remember, I can always add more positions once the Reversal Trend is confirmed.
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR