GBPUSD | Sell

I am learning, reading through the Naked Forex book. There is a strong bear candle that has printed on the hourly and Daily support/resistance zone.

Can you see the around 1.27557?
I believe this is going to fall at least half way down to last daily chart s/r

I placed a sell stop at 1.27191
S/L on hourly 1.28052 then switched to Daily candle 1.27928