Zhen_Trading

GBPUSD Sell at Price Rejection

Short
Zhen_Trading Updated   
FX:GBPUSD   British Pound / U.S. Dollar

Once again waiting the Pairing to test short term resistance area once again.

Short when price rejection happen in this range 1.2450 - 1.2500. Wait for the candle to close to confirm the entry .

Otherwise price may then trending up. Therefore in either way, SL is a must.

Hit the like button if you have the same thought =)
Trade active:
Price rejection form in 1 hr candle, trigger the sell button
Trade active:
Momentum is coming , it's time to bring down your SL to entry to preserve your capital . because once the price move back up it's very likely to reach initial stop losss. Happy Trading =)
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