disaresta
Short

GBPUSD - Chance for shorting the greenback

FX:GBPUSD   British Pound / U.S. Dollar
Yesterday's daily rejection candle indicates that there would be a possibility of price reversal. Located near the resistance area , we could treat the candle as a signal for shorting the market.

You can place the trade now or using sell stop order for a conservative approach. High of the candle will also act as an invalidation or a signal that the market want to break the resistance and continue its upward movement.

Entry: Current price (aggressive) / Using sell stop below yesterday's rejection candle (conservative)
Stop: Above yesterday's high
Target: Nearest support area

Please trade with care :)
Trade active: Lets pray that this trade will play out as expected :)
Trade closed: stop reached: :(
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