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Stargazer_fx
Dec 9, 2019 2:02 PM

GBPUSD Short Setup... Short

British Pound/U.S. DollarFXCM

Description

GBPUSD Short
Comments
Kenanable
Would be great if you could go into a bit of detail as to why your taking this trade just so a noob like myself can understand a bit better
Stargazer_fx
@Kenanable, If you look on Daily Timeframe, Market is at 6 months high and it's a key resistance level, and also market recently broke out of the Bullish Pennant pattern, So, To Continue moving Up It should Come down to retest the level. But recently market is not following technicals so we need to trade it carefully with Stop Loss.
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