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UGTraders
Nov 8, 2018 2:41 PM

GBPUSD, protect your short position 

FX:GBPUSD15
British Pound/U.S. DollarFXCM

Description

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Yesterday, GBPUSD broke below the trendline, and its currently in a downtrend phase, protect the short position by placing your stoploss just above the resistance level and go for a contrary trade in case of penetrating the resistance.

Happy trading.
Trend AnalysisChart PatternsGBPUSDbreakoutbreakoutrading
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