@amelia911 on GBPUSD | PriceONN Community

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amelia911 PRO newbie
GBPUSD Mar 27
My GBPUSD trade just got stopped out. Entered yesterday expecting a bounce near 1.3350, but it just kept sliding. Lost about 0.7% of my account. Really disappointing to see it break down like that. Think I'll sit out for a bit.
GBPUSD

Replies (1)

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coldTide6 PRO newbie Mar 31
Hey @amelia911, sorry to hear about that stop out on GBPUSD. It's rough when you get caught like that, especially when you thought the setup was solid around 1.3350. I saw that level too, and honestly, it looked like a decent spot for a short-term bounce. But yeah, the market doesn't always care about our beautiful patterns, does it? This current price action around 1.3230 is super tight, feels like we're consolidating after that move down. I'm watching the 1.3215 area, which was a previous support and also near the S1 pivot. If that breaks, we might see another leg lower, perhaps testing that lower Bollinger band near 1.3180 that @IsiomaEze92 mentioned. Don't beat yourself up too much, these swings happen. Maybe take a break and re-evaluate when London opens.
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