Simple correction of GBPUSD 4h TF.
-I noticed this trade starting from change of character and then BOS.
Upon leaving that area, it create a market structure and small supply (can be seen in 15min/30min)
After this I set a pending order. ( validity was the BOS structure - 15min)
It then activated today march 14 2024. (wyckoff distro originates this move).
I plan to hold until it reaches my desired target.
RR: 1:9
WYCKOFF DISTRIBUTION.
-I noticed this trade starting from change of character and then BOS.
Upon leaving that area, it create a market structure and small supply (can be seen in 15min/30min)
After this I set a pending order. ( validity was the BOS structure - 15min)
It then activated today march 14 2024. (wyckoff distro originates this move).
I plan to hold until it reaches my desired target.
RR: 1:9
WYCKOFF DISTRIBUTION.
Trade closed: target reached:
TP HIT :)