GBPUSD Sell at Price Rejection

By Zhen_Trading
Updated

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 =)
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Price rejection form in 1 hr candle, trigger the sell button
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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 =)
GBPUSDTrend Analysiszentrading

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