📈 Trade Idea#scalpers-elite#scalping#gbpusd#trade-idea
T
Trading Wolf
Trader ·
GBP/USD Micro Structure Scalp: NY Morning Range Break Setup
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**Pair/Symbol:** GBP/USD (live scalp setup)
GBP/USD has been ranging between 1.2655–1.2672 since the London session ended. A tight 17-pip range developing into the NY open — classic pre-break compression.
The 5-minute chart shows:
- Three equal highs at 1.2672 (retail stop cluster above = buy-side liquidity)
- Slightly rising lows (compression pattern)
- Volume declining through consolidation
**Short scalp setup:**
If price sweeps above 1.2672 (grabs the stops) then reverses and closes BELOW 1.2668 on a 1m candle:
**Entry:** 1.2665 (on the reversal close below 1.2668)
**Stop Loss:** 1.2678 (above the sweep high)
**Take Profit 1:** 1.2655 (range bottom, 10 pips)
**Take Profit 2:** 1.2645 (previous support, 20 pips)
**Risk/Reward:** 1:0.8 to TP1, 1:1.5 to TP2
Note: This is a tight R:R scalp — close TP1 and trail only if momentum is strong.
Are you watching this GBP/USD range right now?