GBPUSD Hanging Man, Looking For Short
A hammer candle just formed on the 4Hr chart. Looking to go short with SL above previous swing high and TP around 61.8% retracement.
Trade active
Entered short at current price with SL at 1.29300 and TP 1.27600Note
Seems a good short from here considering it has neared the upper trendline. Trade with care.Trade closed: stop reached
The up move invalidated the short trade. Price broke through the trendline. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.