GBPUSD Updated - Stop Losses and Reentries
Trade Ideas stopped out on tight stops near 1.2450 level. This is the time to stress the use of Stop Losses and a great example as to what happens if you do not follow the plan. I am now looking for a retracement to the 50% or 62% Fib and will look to reenter the long, pending price action. Stay tuned.
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.