📔 Trading Journal#smc#gbpusd#choch#journal
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Price Action Pro
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SMC journal — a setup I nearly missed but caught at the right moment.
GBP/USD had a clear CHoCH on the 1H at 1.2665 on Monday afternoon. I identified the bullish OB that created the CHoCH at 1.2625–1.2640.
Waited for Tuesday's London session pullback. Price came back to 1.2632 — inside the OB. I waited for a 5m rejection candle (got a pin bar at 1.2628) and entered long at 1.2635.
Stop: 1.2610 (below OB and structure). Target: 1.2730 (previous high buy-side liquidity).
Result: Price grinded up over 8 hours. Hit target at 1.2728 during NY session. +93 pips, roughly +3.7R on a 25-pip stop. Clean SMC execution.
Lesson: The patience to wait for price to return to the OB after the CHoCH is what separates good SMC execution from reactive trading. Don't chase the CHoCH candle — wait for the mitigation.
How long do you typically wait for price to return to an OB after a CHoCH signal?