GBP/USD - Nice break in HTF Momentum, I want to see the 1H candle close below the current 1H swing low breaking the structure before returning back into the supply zone/trading range, failing the highs again giving us a nice potential short entry.
Could also be creating a potential distribution schematic, this push could be a SOW before price returns to the TR, lets see!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.