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

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

Comment:

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

Trade closed: target reached:

Take profit hit! We have now started our breakout to the downside after mitigating the LTF Supply zone