GBPUSD 1

Direction BUY

Pair GBPUSD

Percentage 14%

Session LONDON NEW YORK

IFC of POI
H4 - We are in a clear uptrend here and after the massive impulse we are now
in a complex pullback. As we can see there was a lot of room to the downside
to come and fill the imbalance within the complex pullback.

H1 - On the H1 it is much clearer that the POI we have is the spring on a re-
accumulation. There is no imbalance on the H1 TF but we can see this is where
the whole move originated from so therefore we will use this one.

GBPUSD 1 1
 M1 - There was no imbalance on any other TFs but the M1 at the very extreme.
We can see here that we had EQLs before FU candle on a HTF and then this
followed with order flow as price gave consistent BOS to upside and
mitigations. There was however a 0.4 PIP Imbalance leftover that had not yet
been mitigated. This was at the Demand zone which gave us the BOS to the
upside on the M1.

GBPUSD 1 2
 Price at POI

This was structure on the M1 as price was coming into our POI

Price came to react of exactly at our extreme imbalance on the M1 from our
IFC. We could have taken this but if we wanted to take a confirmed entry we
would have done the below after mitigation of this.

GBPUSD 1 3
 Once we had a BOS on the M1, there were two different RIFCs that price can
pullback to for a limit entry. Risk will be split between the two at 0.5% each.
They are both within discount pricing of the overall move as well so we can
consider either one. The first 1 is a decisional IFC as that's the one that pushed
price to give BOS and the other lower one is the extreme.

GBPUSD 1 4
GBPUSD 1 5