GBPUSD 1/25/2023

Diupdate
Bearish on GBPUSD

-HTF BMS
-Need to see price rebalance
-OB @1.23880 will be my trigger(WATCH 8:30)
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Expecting to see a rebalance of price before the move up into entry
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Should see price seek out buyside liquidity/run to rebalance
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lOOKS LIKE TODAYS MOVE MIGHT BE TO POSITION US FOR THE MOVE DOWN DURING NEWS TMRW AND FRIDAY
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Ive settled on 1.22820 being my first entry and 1.23320 offering a reentry. Only taking if I get 1.22820 first.
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Spoke too soon lol... ill consider a set up during London close but ill be in class
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The times of the moves have been all over the place since the year started which is why i cut my trading back. not trading at a high frequency has me a little anxious but i got it together now lol.
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Stops already collapsed to 5 pips, 5M OB Validated. waiting for the LTF BMS before moving stops into profit
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40 pips in profit
just got the LTF BMS. SMOOVE SAILING BABY!
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moving stops in profit
Beyond Technical Analysis

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