Bignose79

Lets try another short!

Short
Bignose79 Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
GU did a false brake out of ascending trend line and rejected to go further 1.37300.

My expextations is that is time for a drop since there is a hard rejection on D1 candle, also on D1 we can see a double top.

Even this factors, im not sure is gonna be a large drop. Double botton on leve 1.36300 that could mean that gu could keep this bullsih trend. Is for that im gonna protect oN BE when price hits 1.37800 booking some profit.
Comment:
May clise mannually, gu does not look to even try to leave ascending channel. BO up there, may go to grab some liquidity.
Comment:
TP1 hit. BE protected
Trade closed manually:
Closed on BE..
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