GBPUSD short trade on 8/3/22
Pre-Analysis:-
- We got trend alignment to the downside for daily, 4 hour & hourly timeframe. For entry we check on 15 minutes timeframe and spot the VSA SOW, and it is from no result from effort principle.
Entry:-
Post Analysis:-
- Trade closed with loss.
- However I manage to cut loss with very minimum loss as sign of strength appear on the chart.
- I feel that the price will not go down at that time and decided to close the trade.
- In my opinion, I manage this trade very well.