Looking to short GU on retest of 1.34000
4H timeframe confluences:
- Bearish market structure, due to the LLs and LHs being created. Therefore, only looking to short pair
- Last week GU broke through the ascending trendline as well as the key support level of 1.34000
Additional Confluences:
DXY = Bullish
EURGBP = Looking for pullback to the upside
General trend of GBPs = Bearish
4H timeframe confluences:
- Bearish market structure, due to the LLs and LHs being created. Therefore, only looking to short pair
- Last week GU broke through the ascending trendline as well as the key support level of 1.34000
Additional Confluences:
DXY = Bullish
EURGBP = Looking for pullback to the upside
General trend of GBPs = Bearish
Trade active:
Trade closed: target reached