Resistance level in a downtrend

Actualizado
GBP/USD is in a 4 Hour Downtrend.

Price is reaching a downtrend trendline and a major resistance level.

Price has already rejected to move forward at the current levels marking at as a major resistance level.

I am going short.
Nota
Entry : 1.26577

Stop Loss : 1.26935

Target : 1.25411
Nota
running in good profits, good trade
Operación cerrada manualmente
closed in profit
Supply and DemandSupport and ResistanceTrend Lines

Exención de responsabilidad