Trade #9: Short GBP/USD

My sell order on GBP/USD was hit this morning, opening a short position.  I placed my trade based on the daily chart, but the hourly chart had some interesting price action over the past couple of days.  The two dojis that I referred to yesterday on the daily chart formed a very nice channel on the hourly chart.  You can see in the chart below that the price came up and hit the top of the channel early this morning before dropping and hitting my sell order (denoted by the arrow pointing down) which was just below the bottom of the channel.  My stoploss is just above the top of the channel (denoted by the horizontal red line).  I'll continue to monitor my position on the daily chart, but just wanted to point out the price action on the hourly chart.