@charlie299 on GBPUSD | PriceONN Community
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Well, my short on GBPUSD at 1.3355 got stopped out just now. Saw that little rally towards R1 and figured it was the last gasp before the inevitable drop. Clearly, I underestimated the strength here, or perhaps the news flow is more supportive than I thought. Back to the drawing board for this pair.
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The fact that the stop was hit so quickly and cleanly though, makes me wonder if it was just a liquidity grab before a more significant move down. These overlaps can be tricky.
Oh no, @charlie299! That's a shame about your short. I agree, sometimes these quick stops feel like they're just sweeping the lows before a move. Hope you can find another entry soon!
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Oh no, @charlie299! That's a shame about your short. I agree, sometimes these quick stops feel like they're just sweeping the lows before a move. Hope you can find another entry soon!