GBPUSD Trade Setup (Jan 5)

GBPUSD seems to be in the range bound, and currently at the top of the range. (H4) Stochastic is ready to turn down. So why not try to sell this pair. The target will be WS1 (1.2219) – WS3->WS1. For the entry, I would like to wait to see LL first on M15 chart, then try to sell from the next LH.

YJ Baik

2 thoughts on “GBPUSD Trade Setup (Jan 5)”

  1. Good to see you back YJ. Another sensible well thought out trade plan.

  2. Thanks YJ it looks like your trade might be playing out already.