Forex Journal #1- GBPUSD Counter Trade
In my journal, I'm noticing GBPUSD made a new lower low on the 4 hour timeframe. Although price in in an uptrend as clearly seen on the daily and weekly timeframe, any sells taken will be a countertrend trade.
I prefer to trade down to my weekly estimation zone 1.27585 and entering on the 4 hour timeframe to keep the stop loss small.
Trade at your own risk and risk level.
I'd love if you can reply your thoughts and like the video for more.
I prefer to trade down to my weekly estimation zone 1.27585 and entering on the 4 hour timeframe to keep the stop loss small.
Trade at your own risk and risk level.
I'd love if you can reply your thoughts and like the video for more.
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