GBPUSD Long buy setup fulfilled

We trade on the fourth day in the direction that is opposite of the fractal.

Monday saw the gbpusd push higher from it's recent lows. Again, I was anticipating higher prices based on the Power of 3 setup on the Daily Higher Time Frame idea chart. I outlined that analysis yesterday and can be found here. A Power of 3, a Smart Money Trade Divergence, and a Higher Time Frame Optimal Trade Entry buy pattern are enough confluence to have a Long bias.

The Asian Range is defined as 0-5 GMT.

As you can see in the picture above, with support below and price pulling back to a little above the Asian range, price entered an Optimal Trade Entry buy setup and rallied to new highs.

The best time to have gotten long would have been during the Asian Range on Sunday. Unfortunately, I wasn't watching the Asian Range price action on Sunday. I was also just waking up when price quickly dipped into the OTE "Range," a second time. Despite anticipating a bullish move and planning my trade around that, I missed the opportunity.

It's a great thing that the market provides opportunities every single day!  On to the next setup!