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osamaelnino

Resistance zone being re-tested (I am going short!)

Short
British Pound / U.S. Dollar (FX_IDC:GBPUSD)  
osamaelnino Updated   
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
5
2
trendanalysis
In this trade the support zone highlighted by the purple box is turned to be a resistance and being retested by the price so would expect a decline and price will drop.

TP1, TP2 and stop loss levels are highlighted.

Enter on your own responsibility!
Trade carefully!
Comment:
Once TP1 is hit, move stop loss to entry.
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