GBPUSD short setup
Hey traders! Ok so here is what I'm looking at going into London session today...
GBPUSD reacted from origin supply on 15M. Confluence with 4H supply. I took a long trade into this zone yesterday, which hit TP pretty quickly (wish all trades were that easy haha).
Here and now...looking for shorts after a pullback into premium of this bearish drive and the last buy-to-sell prior to the impulsive move. My only hesitation is the resting buy-side liquidity above the recent highs. I would really like to see this liquidity taken out and then take a trade on lower TFs (1-5M) after a Change of Character or Break of Structure.
Target for my shorts is the bottom end of the 15M range at 1.24428. If we get there prior to a pullback into my point of interest, I will re-evaluate based on new structure.
Happy trading!
GBPUSD reacted from origin supply on 15M. Confluence with 4H supply. I took a long trade into this zone yesterday, which hit TP pretty quickly (wish all trades were that easy haha).
Here and now...looking for shorts after a pullback into premium of this bearish drive and the last buy-to-sell prior to the impulsive move. My only hesitation is the resting buy-side liquidity above the recent highs. I would really like to see this liquidity taken out and then take a trade on lower TFs (1-5M) after a Change of Character or Break of Structure.
Target for my shorts is the bottom end of the 15M range at 1.24428. If we get there prior to a pullback into my point of interest, I will re-evaluate based on new structure.
Happy trading!
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