GBPUSD retrace on 4hr downtrend - SHORT

FX:GBPUSD   British Pound / U.S. Dollar
27 0
It look like the price is on a congestion area at 1.5250 which was previous support if you look on the left.
I short hte pair looking to place a SL just above previous resistance at around 1.5270 and target just above previous lower low at 1.5040.
Let see how it goes!
Trade closed: stop reached: Stop reached with a loss of 51 pips
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out