SHORTING $GBPUSD (4 Reasons)

Opening up a short position on GBPUSD for the following reasons.

• Recently had a bearish CHoCH+ which indicates a strong market trend shift. This is my trigger to look for short opportunities in the market
  
• Rejected PDH (Previous Day High)
  
• VWAP Divergence line is RED and price is below the VWAP
  
• Great RR with this trade
  

Entry: 1.26811

Take Profit: 1.25965

Stop Loss: 1.26964

Comment:

Stop loss hit