Michael_Francis

GBPUSD 2022/12/05 potential short opportunity

Short
Michael_Francis Updated   
FX:GBPUSD   British Pound / U.S. Dollar
H4 Divergence acting as a trigger event.
H1 Bearish in Market structure. Currently at a lower low. There is a 50% Fib level that can be monitored for potential entries.
A M15 change of market structure upon the tap into H1 Fib levels will validate the trade entry.
Trade closed: target reached:
Smacked TP at H4 Support

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