Livre sterling / Dollar américain
Short
Mis à jour

GU 1H Sell Idea 1/25/25

157
Since price is rejecting a monthly consolidation zone from 12/1/23, I would like a retest on the bottom of my 8H level to continue bearish at least up to the Daily Consolidation Zone that was created on 1/10/25.

Lower Lows and Highs have already started to form on the 1-5m, while the 15m is currently consolidating at market closure on 1/24/25. Also, the W. D, 4H, & 1H have all rejected the Monthly Consolidation Zone as of 1/24/25 market closure.

If the higher time frames line up, the sells will be valid.
Trade fermée: ordre d’arrêt atteint
For the set up that I have here, it would've been a loss because SL would've been hit. However price is still selling as I predicted.

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