Took 7 trades today, only 1 was in profit and the rest are huge loses more than 15$, just because I had sl in distance to avoid its hunt. but, it kept hunted.

Cable Update (GBPUSD)

Built confidence in my analysis but lost all the confidence for taking entries.

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I didn't get you, can you please explain it simply?

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A "W" is in formation, we can see a price retest at 1.223* or 1.224* too. Waiting for the "W" pattern to complete before entry. It should clear all the losses with some bonus profits.

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I opened in profit with my new account and now I am again in loss just. because this GU is hitting my SL again and again and the moving in the TP direction. It hates me I guess.

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1.215 is obvious this week.

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So we got another low.

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Stop Losses are getting hunted down.

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Buy limit, 1.22131 TP, 1.22275 SL, 1.22112 (Might have to hit buy manually)

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Before and After. Entry, 1.22140 TP, 1.22327 Exit Manually, 1.22284 Closed in profit. 98% Accurately analyzed.

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I'm already in, it should pull back to previous support and make another resistance at 1.22326.

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TP: 1.22327 This is the pattern chart will follow to hit my TP. At 1.22325, I'm going short.

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It was 98% accurate buy limit, Thanks you Mr. T271. Buy limit 1.22140 hit. TP, 1.22327 SL, Pending

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90% of my analysis are accurate. I just need to learn to take entry and analyze properly where to put my SL. My SL gets hunted again and again, that's the problem I am facing today, rest of the analysis are accurate.

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This place is my TP from my buy limit, looks like I'm on right track, XD

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It'll hit my buy limit, I'm confident with my analysis. Let's wait.

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Buy Limit placed at 1.22140, SL and TP pending. (Modified to 1.22180)

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Broke the last week lowest support. Happy ride to 1.221*.

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According to my previous chart, price broke through 1.224* resistance but rejected 1.225* area and now again below 1.224*. Next movement should look like this. (Newbies do not follow or take trade on this analysis, this is just practice analysis ...

Cable Update (GBPUSD)

Yes!!! Price is rejecting 1.224** resistance area again. EU news will dip GU and the downtrend will move GU to the area at 1.221***

Cable Update (GBPUSD)