GBP/USD Bounce Trade off 1hour box
This morning about 9:00am I took a gbp/usd short trade off of a 1hour box at 1.4693 and closded the trade when I saw that the market was refueling and that there might be a higher level tested, so I took +2 pips after the spread. The 1 hour resistance was good enough to give me a fast bounce, but it was only a small retracement, got out right away. Sure enough 1 minute later it tested higher levels and did not return to the same price level until about an hour later. +2 pips.
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