hopiplaka1
Short

Turtle soup short on the GBPUSD

FX:GBPUSD   Pound Sterling/U.S. Dollar
135 1 3
This is a demo trade idea to short the GBPUSD             .

We went into the OTE             zone on the 4Hour chart while we were in a bullish order block on the USDX at the same time.
We also cleaned the stops of the 22nd of October.

On the 15Min we saw a break in market structure for bearish setups. We retraced into a smaller timeframe OTE             for a nice short setup.

Take profit would be nice at the previous swing low
Right direction, wrong pattern. Was high risk due to expected news release. News pushed price to the higher OB. You saw that higher OB though, right?
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