Quick 3 R:R trade setup on the GBP-USD retrace

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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
Nota
Our take profit has been hit for our 3 R:R trade!

istantanea
Trade chiuso: obiettivo raggiunto
Take profit hit! We have now started our breakout to the downside after mitigating the LTF Supply zone
FibonacciretracementshorttermbullSupply and DemandWedge

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