Bottom of the range bounce setup || 5.2RR limit entry
RSI going up.
Waiting for the manipulation of the last horizontal support level for the creation of an upward spring before entering long.
Price is reaching multiple longer timeframe trendlines.
4H chart:
Waiting for the manipulation of the last horizontal support level for the creation of an upward spring before entering long.
Price is reaching multiple longer timeframe trendlines.
4H chart:
Trade closed: stop reached
Too much manipulation and randomness on GBP pairs, putting it out of my trading pairs for good. It just doesn't respect basic theories like support and resistance...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.