$100k Challenge - GBPUSD Short - E23 T1 - Trade update
Hey everyone!
I got some management updates for this trade! As always, here are the notes from the journal, enjoy:D
In today's monitoring session, I noticed the market started to retrace a bit after making a bearish breakout of a descending channel. I consider it the start of a normal market retracement, for this reason, I'll stick to the original trade plan with only one slight change, I decided to move the stop loss slightly above the last secondary area to lock in part of the profits while maintaining the first profit target at the daily support zone.
I got some management updates for this trade! As always, here are the notes from the journal, enjoy:D
In today's monitoring session, I noticed the market started to retrace a bit after making a bearish breakout of a descending channel. I consider it the start of a normal market retracement, for this reason, I'll stick to the original trade plan with only one slight change, I decided to move the stop loss slightly above the last secondary area to lock in part of the profits while maintaining the first profit target at the daily support zone.
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Related publications
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.