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jcmoneyman
Sep 5, 2021 9:42 PM

GU sell Short

British Pound/U.S. DollarFXCM

Description

DAILY: I see that price was in an uptrend, but broke through and retested for the sell.

4HR: I see that price was in a downtrend pulling back to 61.8 on the 4h fib @ previous resistance

CURRENTLY: I see that price is in an uptrend, pulling back to 38.2 before hitting resistance zone at -27 on 1Hr fib

I am looking for price to break the minor trendline and make its way back to the 1HR trendline at previous support/resistance zone, which is also the monthly key level

(50 pips)

Trade closed: target reached

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