GBPUSD short at 1hr Resistance in my Daily downtrend

This was a mistake-free trade that I placed. My system called for it. Result:+1R. My analysis was that USD dollar and it's stock market had a major correction. The fundamental backdrop on this trade was that the indices would revert to their mean price, thus the Dollar would gain value against other currencies.
buyusdChart PatternsCurrenciescurrencyForexfxGBPUSDshortshortsetupshort-termTrend Analysis

Disclaimer