GBPUSD Sell position SETUP (ACTIVE)

We have a SMT model. Whereby price targets buyside liquidity as external range liquidity (PRO trend bearish) and distribute PRO trend. That is our 1st expectation as we enter this trade. Our second one is that IF price break above, we identify our trend as internal bullish as price range would have failed to manipulate enough buy orders to distribute price further downside and we look for the demand that broke structure as our next trading zone

Price took our high of week as buyside liquidity PRO TREND BEARISH. As we entered on the BEARISH ORDERBLOCK, our target is the low of week as our next external range liquidity raid.


Courtesy of myself and I.