GBPUSD Long Position

Following previous patterns, recently once GU had reached a new low, the following candles would quickly reverse back to its middle ground. Possibly entered this position too early, will see how it plays out, if next candle or two don't follow this rule/pattern I may exit the position at a loss if needed.

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Position was nicely in profit before 09:30 candle formed, idea looking less bullish, however was anticipated with the larger area of stop Loss.

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I may look to exit this trade soon, as it isn't moving in the way I was expecting, although still in profit at time of this message.

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Now in a loss, will look to close once in profit as I'm no longer interested

Trade closed manually

Closed in profit, although small, candles weren't moving how first anticipated, breaking the previous trends.

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Could've probably entered at a lower price, which would be more in line with previous lows, candles seem to be moving bullish. Good learning curve.

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Turns out I did the right thing in this situation, ended up smashing through what my SL was. Good thing I got out of the trade in profit!

HBSPG

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HBSPG