GBP/USD EVALUATION = PASS This pair has been on our watchlist and it finally made a break below support with a good pullback into a strong resistance zone, timing was great (morning session), volume was great, engulfing candle great, S/R zone great.......but, momentum was low and although it made the hook, it was not strong enough. Also, we feel the market structure was only in a 2 leg and not 3 leg.
Not every setup deserves our attention — and that’s the point.
This is exactly where most traders go wrong — they force it.
But if we’re truly following a strategy rooted in alignment, discipline means saying no just as confidently as we say yes.
Passing on trades isn’t a missed opportunity.
It’s a mark of growth.
Not every setup deserves our attention — and that’s the point.
This is exactly where most traders go wrong — they force it.
But if we’re truly following a strategy rooted in alignment, discipline means saying no just as confidently as we say yes.
Passing on trades isn’t a missed opportunity.
It’s a mark of growth.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.