GBPUSD - SMC 71% OTE Short Setup

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GBPUSD - SMC 71% OTE Short SetupGreat Britain Pound vs US DollarVANTAGE:GBPUSDZadyTradesClean bearish displacement on GBPUSD after price swept the previous highs and delivered a strong bearish impulse, breaking short-term market structure to the downside (BOS). I’ve now mapped the retracement using my SMC OTE model, focusing purely on the 71% Fibonacci entry zone, which aligns nicely with internal imbalance/FVG areas. This is where I want price to retrace into for potential continuation lower. Trade Idea: ✅ Liquidity taken above highs ✅ Strong bearish displacement ✅ Market structure shifted bearish (BOS) ✅ 71% OTE retracement mapped ✅ FVG confluence inside premium pricing Entry: 71% retracement Stop Loss: Above the swing high (100%) Target: External liquidity/current lows (0%) For me, no chase entries here - patience is key. If price doesn’t retrace into the 71% zone, there’s no trade. I only want clean, mechanical executions that fit my model. Set & forget. Let price come to me.