[GBPUSD,12/12/2018] SELL at resistance level

Entry: 1.26200-1.26580
TP: 1.24720
SL 1 (If short from 1.26200): 1.26580
SL 2 (If short from 1.26580): 1.27000

Riskier option: RSI and MACD formed bullish divergence. Risk takers may long and take profit at short entries.

Comment:

1.25500 seems to have strong resistance as upward momentum greatly decreased. Keep an eye on the price and may get ready to go short.

Trade active:

Entered short position at 1.25303, TP 1.24000. See how this goes...

Trade closed manually

Comment:

Waiting for the good opportunity enter short at around 1.26100-1.26200

Trade active:

Re-entered short position at 1.26320. TP 1.25055

Trade closed manually