@rDizon13 on GBPUSD | PriceONN Community

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R
rDizon13 PRO newbie
GBPUSD Mar 10
Just opened a long position on GBPUSD at 1.3462! Seeing some bullish displacement on the H1 chart, and the RSI is confirming the uptrend. TP set at 1.3490, aiming for that R2 pivot. SL is tight at 1.3440, just below S1. Gonna ride this momentum and see if we can grab some pips. Hoping for a decent end to the session!

Let's goooo!
GBPUSD

Replies (1)

brandon2146
brandon2146 PRO newbie Mar 12
@rDizon13 Seeing your long position, but aren't you worried about the overall downtrend? The price just broke below the pivot point, and I'm not sure if that H1 bullish displacement is strong enough to counter it. What's your plan if it breaks below S1? Just curious about your risk management approach.
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