GBPUSD, 2023-02-24

Possible scenarios:

If we get more of an additional push the CBO looks more desirable as an entry point. But, a sharper move up could find the POI, right above, it to be a better choice.

The CBO is much better (than the previous one) with a more defined V shape prior to formation as well as providing a POI of the lower shadows as well. (The other CBO, I had to move to a LTF to find something to base it on.)