Hello Traders
GBPUSD, gave us a classic MSS "corrective approach". I am no pro, but I call it classic due to if you were to study most MSS for this pair you would see this playing more than once.
1. Swing structure is Bearish
- After a Bearish BOS I can, identify premium price for possible short positions targeting the newly created swing low.
2. Internal structure is Bearish
-Internal structure has shifted bearish. I can also identify the most recent BOS,
price pulled back into LTF-POI, in 5m we should get confirmation entries
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