GBPUSD - Short against structure level

FX:GBPUSD   British Pound / U.S. Dollar
210 4 7
Watching this pair, as it just hit important structure level and RSI on an overbought condition. Following the downtrend on the 1H timeframe, this would be a nice short opportunity with target around the 1.272 extension at 1.6719.

Good luck guys!
Wonderful Trade !
+1 Reply
Daniel.Dalo Mirandole
Thank you very much! Sadly, I closed that order completely and didn't go for a second target, but it was a nice profit :)

Good luck mate!
Nice trade set up.
+1 Reply
Daniel.Dalo Sandeep_Gupta
Thank you! I'm glad it turned out very well, price is now very close to an important structure level on the daily chart, so i'll watch it closely for an opportunity to go long :)
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