GBP/USD - Huge Entry for Reversal
Hi Welcome
I just wondering is it time for reversal ?
I don't know is it a good or bad entry since the previous last candle wick was so long
that a huge stop loss to place if i set it initially
still a lot of support below to set multiple TP
This idea came with these reason:
- Rsi Divergent
- A Start for reversal
- 3 Red candle after the star
- more than 5 price rejection
so i was hoping a Bearish reversal on this
but i am not sure it is a good place for entry
Is it a good place for entry? or the Reversal was a false signal
Please leave a comment below
what do you think about this?
Warning :
- Any trade made by trader goes by this idea are not responsible of the author
- This is just made for educational content
- This is just one of author personal note that are publish to public
There is a saying - "Trade Ur Own Risk"
I just wondering is it time for reversal ?
I don't know is it a good or bad entry since the previous last candle wick was so long
that a huge stop loss to place if i set it initially
still a lot of support below to set multiple TP
This idea came with these reason:
- Rsi Divergent
- A Start for reversal
- 3 Red candle after the star
- more than 5 price rejection
so i was hoping a Bearish reversal on this
but i am not sure it is a good place for entry
Is it a good place for entry? or the Reversal was a false signal
Please leave a comment below
what do you think about this?
Warning :
- Any trade made by trader goes by this idea are not responsible of the author
- This is just made for educational content
- This is just one of author personal note that are publish to public
There is a saying - "Trade Ur Own Risk"
Trade closed: target reached
Target REACHED~!!!
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