Quick 3 R:R trade setup on the GBP-USD retrace
Updated
In a HTF support bounce and much needed liquidity push for the buyers, we are looking to see a pretty sustained and strong push to the upside to mitigate upper supply levels and resistance levels on the fib.
Potential 3 R:R trade if we mitigate this LTF demand zone and make another BOS
Potential 3 R:R trade if we mitigate this LTF demand zone and make another BOS
Note
Our take profit has been hit for our 3 R:R trade!Trade closed: target reached
Take profit hit! We have now started our breakout to the downside after mitigating the LTF Supply zone
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