dptraders

GBPUSD bouncing off 2 resistance lines

Short
dptraders Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Took a short here after GBPUSD bounced of two resistance lines also known as my retest set up. The cycle also happened to turn on the Stoch indicator leading to a good short opportunity. However, there a major support a head and we will see whether it will hold on the up coming days prior to the UK elections.
Comment:
Trade went really well. still on target for the TP although I have scaled out some positions
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