British Pound / U.S. Dollar
Short
Updated

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 1.27600
Note
Seems a good short from here considering it has neared the upper trendline. Trade with care.
snapshot
Trade closed: stop reached
The up move invalidated the short trade. Price broke through the trendline. snapshot

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