𝗜𝗻𝘁𝗲𝗿𝗶𝗺 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 – 𝗧𝗿𝗮𝗱𝗲 𝟱 | 𝗚𝗕𝗣/𝗨𝗦𝗗

Yesterday, the **PMI news pushed GBP/USD lower**.

The planned short entry was **not triggered during the London session**. Price simply moved lower without giving the entry I was waiting for.

And that's fine.

**No trigger = no trade.**

The short idea remains valid — at least down to the **50% level of the previous bullish move**.

The strategy is still a **retracement trade**.

And the current price action is becoming interesting.

The latest price swing from the **NY PM session** took out **buystops** and then moved approximately **55 pips lower**.

Now I'm watching for a retracement back into the **OTE area**.

If price retraces there, I will place a **limit order**.

𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼:

**Buystop Raid → 55 Pip Displacement → OTE Retracement → Short**

𝗧𝗮𝗿𝗴𝗲𝘁:

The next low / approximately the **50% level of the bullish move**.

The original plan is still valid.

The market simply hasn't given the entry yet.

**No chase. No FOMO. Wait for the retracement.**

Let's see if Trade 5 gets triggered. 👀

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⚠️ 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿

This post documents my personal trading plan and execution as part of a public trading challenge.

It is **not financial advice, investment advice, or a recommendation to buy or sell any financial instrument**.

Trading involves substantial risk, and past performance does not guarantee future results.

𝗗𝗼 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗮𝗻𝗱 𝗺𝗮𝗻𝗮𝗴𝗲 𝘆𝗼𝘂𝗿 𝗿𝗶𝘀𝗸.