GBPUSD, 2023-02-24
Possible scenarios:
If we get more of an additional push the CBO looks more desirable as an entry point. But, a sharper move up could find the POI, right above, it to be a better choice.
The CBO is much better (than the previous one) with a more defined V shape prior to formation as well as providing a POI of the lower shadows as well. (The other CBO, I had to move to a LTF to find something to base it on.)
If we get more of an additional push the CBO looks more desirable as an entry point. But, a sharper move up could find the POI, right above, it to be a better choice.
The CBO is much better (than the previous one) with a more defined V shape prior to formation as well as providing a POI of the lower shadows as well. (The other CBO, I had to move to a LTF to find something to base it on.)
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