The entry filled and the call is being tracked candle by candle.
What is the logic behind this GBPUSD long?
Written by the trader before the outcome was known, and never edited since.
Entering long GBPUSD at 1.32398, retest of major order block with 20EMA dynamic alignment and Williams %R at -69, targeting 1.32772 above yesterday's high. Risk invalidation at 1.32245
Thesis at publication
The longer case, also locked at publication.
GBPUSD long at 1.32398, tight stop at 1.3191. Retesting institutional supply block at 20EMA, Williams %R -69.2 signals oversold, expecting bullish momentum breakout. Target 1.3313, invalidation clear below 1.3191.
Market context
What was true around GBPUSD when this call was published.
Among active calls posted on TradeLiveX at that moment, 100% of 1 open GBPUSD call from 1 trader were long.
8 graded calls, 25% closed above breakeven, mean -0.21R. Frozen as of the post — it is not recomputed.
Across all 47 graded GBPUSD calls on TradeLiveX from 42 traders, 40% closed above breakeven with a mean of +0.03R.
Discussion
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