GBPUSD 09/11
Updated
Looking to short GU from 1.36000
4H timeframe confluences:
- Bearish market structure, as clear LL and LHs are being created.
- Pullback to create a new LH around the 61.8% fib retracement level which falls in line with the support-turned-resistance zone at 1.36000
- 3rd tap of descending trendline
TP: 1.34250
4H timeframe confluences:
- Bearish market structure, as clear LL and LHs are being created.
- Pullback to create a new LH around the 61.8% fib retracement level which falls in line with the support-turned-resistance zone at 1.36000
- 3rd tap of descending trendline
TP: 1.34250
Trade closed: target reached
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