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Resistance level in a downtrend
British Pound / U.S. Dollar
Short
Resistance level in a downtrend
By bhupendra4401
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Updated
Apr 5
0
Apr 4
GBP/USD is in a 4 Hour Downtrend.
Price is reaching a downtrend trendline and a major resistance level.
Price has already rejected to move forward at the current levels marking at as a major resistance level.
I am going short.
Apr 4
Note
Entry : 1.26577
Stop Loss : 1.26935
Target : 1.25411
Apr 5
Note
running in good profits, good trade
Apr 5
Trade closed manually
closed in profit
Supply and Demand
Support and Resistance
Trend Lines
bhupendra4401
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