📉 Pair: GBP/USD
⏱ Timeframe: 4H
🔶 Orange Line = Major S/R Zone
📌 Confirmed Break + Retest
🎯 Profit Locked | Risk Managed
Strategy: Elliott Wave + Parallel Channel + SMC (Break of Structure)
🔶 Status:
Completed Wave 5 inside falling wedge
Sell executed after orange support break
Anticipating accumulation phase > BOS > bullish reversal
📍Key Zones:
Demand zone near 97.455
Resistance near 98.426
🎯 Next Steps: Looking for bullish structure post BOS + Wave 2 pullback.
🔁 Watch for:
Accumulation near lower trendline
Structure shift > Breakout of wedge
Long confirmations in late July – early August
🟢 Plan the trade, trade the plan.
⏱ Timeframe: 4H
🔶 Orange Line = Major S/R Zone
📌 Confirmed Break + Retest
🎯 Profit Locked | Risk Managed
Strategy: Elliott Wave + Parallel Channel + SMC (Break of Structure)
🔶 Status:
Completed Wave 5 inside falling wedge
Sell executed after orange support break
Anticipating accumulation phase > BOS > bullish reversal
📍Key Zones:
Demand zone near 97.455
Resistance near 98.426
🎯 Next Steps: Looking for bullish structure post BOS + Wave 2 pullback.
🔁 Watch for:
Accumulation near lower trendline
Structure shift > Breakout of wedge
Long confirmations in late July – early August
🟢 Plan the trade, trade the plan.
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