GBPUSD 3-7-2024

 


3-7-2024


Today, I saw a chance to short GBPUSD on the H1 timeframe. I was waiting to short after the market structure shifted. However, I entered the trade too early without any confirmation from FVG. Another thing to note is the resistance area. On the H1 timeframe, there is a long wick at the top indicating resistance, but I entered the sell too early, which caused the stop loss to be hit.

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