Resistance level in a downtrend
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.
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.
Note
Entry : 1.26577Stop Loss : 1.26935
Target : 1.25411
Note
running in good profits, good tradeTrade closed manually
closed in profit
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