jamesabuck

Short Term Sell Bias on GBPUSD

Short
FX:GBPUSD   British Pound / U.S. Dollar
Double top leading into break out to the downside. Looking for a pullback to the neckline before a sell to the downside.
Trade active: Bought it yesterday when it sank into my demand zone - +50 pips. Entry this morning @ half risk.
Trade closed: stop reached: Stopped out at -0.5R, the early drop into the shoulder changed the bias - this is why risk management is key! 🔐