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BHSDMV
Nov 26, 2023 2:47 PM

GBPUSD BUY OPPORTUNITY 1:11 RR  Long

British Pound/U.S. DollarFXCM

Description

Using SMC method we can see on the 4hr chart, break of structure to the upside. There is a nice order block which has been modified on the 1hr and 15 min chart. Price has left sell side liquidity hoping trade triggers before buy side liquidity is filled. Before entry will be looking closely at 15 min chart. Once it hits OB we want to see break of structure on 15min timeframe to the upside and look for entry. Targeting 4hr OB. RR: 1:11.
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