Hi @Anonymous,
Do you want your flow to be triggered when the Status column is given a specific value (Approval Requested)?
I think your thought is correct, I have made a test on my side and my flow's configuration as below:
The flow works successfully as below:
On your side, within condition box, left input box set to Status dynamic content of the trigger, right input box set to Approval Requested, middle drop down set to is equal to.
Please try it on your side, then check if it could achieve your needs.
Best regards,
Kris