British Pound / U.S. DollarUpdated Weekly Plan for GBPUSD
This is my simple plan for the week...
This is is an "IF..... Then.... " plan. That's why I am Neutral on my bias...
We wait for the price first and what the market will do before we react and execute our trading analysis to lower time frame so we can get a better risk-reward ratio...
This is is an "IF..... Then.... " plan. That's why I am Neutral on my bias...
We wait for the price first and what the market will do before we react and execute our trading analysis to lower time frame so we can get a better risk-reward ratio...
Note
1st & 2nd buy zone, was not respected. Then I was waiting for price to go and visit the 3rd and last buy zone but price did not go there and still price shoot up..Now I went back to the charts and realized that my OB for the buy zone liquidity has not been that precise/incorrect that's why my buy zone was too low...
so, yes, I missed a big great move but that's just the way it is... we continue to learn & improve....
Order cancelled
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.