@DawnBreak61 on GBPUSD | PriceONN Community

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DawnBreak61
Just had a stop-loss hit on GBPUSD. Entered a long position yesterday evening based on a potential bounce off the 1.3460 support level. Unfortunately, the bearish trend continued overnight, and it triggered my stop at 1.3450. A bit frustrating, but that's trading! Lesson learned: be more cautious during low-volume Asian sessions.
GBPUSD

Replies (1)

DawnBreak61
DawnBreak61 PRO newbie Mar 2
Update: After reviewing the charts again, I think I might have been too hasty in my long entry. The overall trend is still bearish, and I should have waited for more confirmation before entering. Will wait patiently for reversal confirmation!
EURUSD 1.16085 -0.19%
GBPUSD 1.34270 -0.27%
USDJPY 159.91750 +0.02%
XAUUSD 4,476.92 -0.24%
XAGUSD 73.57 -2.03%
BTCUSD 63,941 -5.40%
SP500 6,572.87 +0.74%
BRENT 100.06 +1.19%
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