Short GBP/USD
Updated
4H:
Broke uptrend support channel line
Forming lower lows and lower highs as shown in down trend resistance channel
Currently re-testing horizontal resistance at 1.391 level
Position: Short
Entry: 1.391
Stop Loss: 1.3985
Target: 1.3685
Risk:Reward = 1:3
Broke uptrend support channel line
Forming lower lows and lower highs as shown in down trend resistance channel
Currently re-testing horizontal resistance at 1.391 level
Position: Short
Entry: 1.391
Stop Loss: 1.3985
Target: 1.3685
Risk:Reward = 1:3
Trade closed: stop reached
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