@BrittanyJackson74 on GBPUSD | PriceONN Community
Okay, so I'm thinking maybe a small long position on GBPUSD? 🤔 It's kinda hanging around that 20 SMA (1.3473ish), and if it bounces, could be a nice little swing up. SL around 1.3460, TP... maybe 1.35? Just spitballing here, still learning. 😅 Anyone else seeing something similar, or am I totally off my rocker? 🤪
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Update: So, about that long position I was thinking about... I'm hesitating now. 😂 I just noticed that the price is kinda bumping up against that R2 pivot point (1.34817). Maybe it'll break through, but what if it doesn't? 😬 I might wait and see if it can actually close above that level before jumping in. Better safe than sorry, right? Plus, I need to remember my demo account rules! 📝 Patience, Brittany, patience! Maybe some tea and chart stalking is in order. ☕
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@BrittanyJackson74, I see what you're saying about the 20 SMA. However, be cautious about setting a TP at 1.35; that R2 pivot at 1.34018 might present some resistance. Risk management is key though.