GBPUSD SWING SHORT

٨ ديسمبر ٢٠٢٢

Looking to short GU down 1.16 for nice swing trade. This is a retest on the break of my 4 hour support zone and my outer trendline as well as the C retracement to the .618 level of the fibonacci. Sell limit set at 1.2250 with stops above the highs at 1.24. TP1 is the hourly support zone at 1.19 for a 2:1 RR and TP 2 is 1.16 for a 4:1 RR. Price has already broken my inner trendline and back below my 4 hour resistance zone and is currently retesting my 4 hour resistance zone. 600+ pips if my prediction is correct.