glyrad

GBPUSD Wyckoff Short trade June 28 2023

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD - Sell side structure (introducing supply and manipulating highs)

i wait for validity of distribution (1h---4H---daily TF)

after that---> checking of london session for manipulation observing a BOS at 5min and 15 min structure points.

a clear rejection of OB at 5min chart (look at the reference drawing)

entry at 5min and targeting 1H demand zone.

RR: 1:10

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