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ernsos90
Dec 4, 2022 8:49 PM

GU is still at resistance Short

British Pound/U.S. DollarFXCM

Description

Friday 2nd December 2022, daily candle closed as a hammer on the daily resistance level. That level is also at the weekly resistance level, we should seeing some bearish move soon. H4 is still showing that the uptrend is being maintain but H1 is showing multiple retest on that level. We can also see some exhaustion on H1. We will be looking for the BOS and a retest on LTF then take our sell opportunity.


H1
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