GPBUSD LONG 25/09/2024
- Trade based on Continuation. Dow theory Bullish trend still being continued
- Entered at 0.618 Fib level with 1 hour candle close as 30 min bullish candle close didn't reflect bullish momentum to confidently enter.
- This allowed me to enter at 0.618 Fib level rather then entering at 0.5 Fib level
- However as DXY reached a crucial support (18th Sept 2024 low) but sticked to the analysis and didn't exit.
- Entered at 0.618 Fib level with 1 hour candle close as 30 min bullish candle close didn't reflect bullish momentum to confidently enter.
- This allowed me to enter at 0.618 Fib level rather then entering at 0.5 Fib level
- However as DXY reached a crucial support (18th Sept 2024 low) but sticked to the analysis and didn't exit.
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