GBPUSD: Short still in play at extremes

After getting taken our of my previous trade by a hair. Im back in again after short structural breaks.

I also have the H2 on my side as it's in the 1st phase of signifying the start of the swing pullback.

So let's try again.

What could go wrong?

1. Another LQS...boring...hehehe
2. Another extended move to the upside
3. This is very complex PA I could have missed something, but I've navigated this as best I can with my current understanding of this new structural method I'm testing.

Let's see how it plays out

Komentar:

Ok so let's see.

1. As I mentioned the demand zone had the potential to push the market back up to trigger my supply entry, and it did. Now that zones been mitigated we should be able to push through it to the next demand zone.

Im still targeting 5:1 on this trade.

Komentar:

M15: Targeted another shorting opportunity as we are in this move to the downside for a 6:1 trade.

Trade aktif:

M15: 6:1 trade TP was just