Resistance level in a downtrend

4 avr.

GBP/USD is in a 4 Hour Downtrend.

Price is reaching a downtrend trendline and a major resistance level.

Price has already rejected to move forward at the current levels marking at as a major resistance level.

I am going short.

4 avr.

Note

Entry : 1.26577

Stop Loss : 1.26935

Target : 1.25411

5 avr.

Note

running in good profits, good trade

5 avr.

Trade fermée manuellement

closed in profit