December 2022: Selling GBPUSD

  • Trade Setups

    December 2022: Selling GBPUSD

    Posted by Israel Adefemi on December 27, 2022 at 12:30 pm

    We have currently broken structure on the H4, however, we have not had any significant pullback to any of the golden ratios: 38.2, 50, 61.8. Instead price has continued in a mini trend.

    To complete the trend and following the impulse of price action, as long as price does not break below 1.20234, I am expecting bullish actions to 1.2166 (38.2%), and then a sell off to 1.1713.

    As always, trade cautiously. Happy New Year ;)

    GBPUSD Setup
    Israel Adefemi replied 1 year, 3 months ago 1 Member · 0 Replies
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