@EmmanuelV91 on GBPUSD | PriceONN Community
Watching GBPUSD closely. Entered a small short position earlier near 1.3320. SL is at 1.3350 for now. Targetting 1.3270. RSI is showing bearish momentum, but I'm a bit nervous about the US session volume. Hopefully, it continues downwards. Will update later.
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Okay, GBPUSD is dropping again! Moved my SL to 1.3315 to lock in some profit. Looking good so far. Hopefully, it breaks through the next support level around 1.3280. If it does, I'll consider adding to my position. Let's see if this bearish momentum continues. Fingers crossed!
Update: GBPUSD is testing my entry point. Volume seems a bit weak, which is concerning. I'm thinking of moving my SL down to 1.3335 to reduce my risk a bit. I'm still confident in the overall bearish trend, especially with the SMA 200 still way up there at 1.347. But tbh, this volatility is making me sweat a little. Will keep an eye on it and see how it reacts to the next resistance level. Maybe close half my position if it starts looking shaky. Gotta protect those profits!