Resistance respected on GBPUSD
after falling back into the resistance zone price continued generating sell candles signals like the 3 black crows in support with trendline and a resistance as well (all on the 15 minutes timeframes) you can also check for crossover of the EMA 50 and 200 on the 15 minutes timeframe.for this trade i have 4 confluences and an open mind that if may also go wrong thereby using a stoploss and applying calculated risk
Note
stoploss got hit
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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.