jdupreez
Short

GBPUSD headng to resistance - Sell at SR Zone

FX:GBPUSD   British Pound / U.S. Dollar
144 1 2
GBPUSD             seen making a good move to the downside. GBPUSD             is busy correcting by following an upward channel to 1.57 which is expected to cause major resistance. Looking to place stop sell order at 1.56884 (top of SR zone) to catch next downward move to TP @ around 1.5478. Looking for 1:3 RR with SL @ 1.5478.
snapshot


Enetered short at break of channel. Closed trade at break even after too much momentum to the up side.
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