British Pound / U.S. Dollar
Short
Updated

20241024 - GBPUSD - Short

246
GBPUSD - Short
Caution: High impact news imminent.
Potential idea on GBPUSD if 15m BOS to the downside occurs.
  • Entered into 4h point-of-interest.
  • Wait for Break of Structure to the downside on 15m.
  • Look for entries on the pull back.
Note
Wait for candle close below BOS line.
Note
Look for an entry model.
Trade active
Opened 1st Position at 1.29723
Trade active
Opened 2nd Position at 1.29755
Note
I closed both positions prior to rollover, and reopened at 2300 UK time.

If price breaks below 1.29484 I will move both positions to Break Even as there is Buyside Liquidity (BSL) forming as a trendline.
Trade closed: stop reached
Loss.

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