GBPUSD Short | 4H

Reasons for Entry:

1. Price hit the 1.3700 key level which has 3/4 previous touches.

2. 4H stochastic in oversold area signalling to short.

3. Ascending Triangle reversal pattern forming signalling a bigger short over time.

4. A news report that led me to believe I should go opposite of it...

PT: Near the bottom 4H Trend Line.

İşlem elle kapatılmış:

Took profit at 1.36425 because long 4H wick and struggle to break past the .3 Fib level.