OANDA:EURGBP   Euro / British Pound
EURGBP H4 Timeframe
Swing trading with advanced techniques
to trace financial institutions


Analyzed by RTM / Multiple FACTORS strategies

EURGBP on the H4 time frame, the price continues to move in a downtrend.
Build LL along the way. If technically
We only need to find sell points to flow with the trend.
But this setup of the captain will have both
* Trend following
* Counter-Trend

Trade Setup on Sell-side
There are technical support reasons as follows.

- Uptrend in TF W1
- Downtrend in TF D1
- Downtrend in TF H4
- The price has created a QM pattern, leaving it after the
Break down the price severely.
- Our sell wait point has a zone where the price imbalance.
The Seller has left many orders that are still waiting.
Coming back to match, that's the top MPL/SP zone.
Which is close to the QML line itself.
- This area is also a Confluence Zone of
HVN or High Volume Node, the source of the available trading volume.
Many are waiting for the matching of orders to come back.

The plan is to wait for the price to return to test the Confluence Zone.
to make the most expensive and wait to sell the area

Trade Setup on Buy-side
There are technical support reasons as follows.

- Price has LH brake to build HH successfully in a round of small price
This is the BOS / Break of structure.
- If there is a BOS, there will be a QM. Of course, this setup is
Please wait for the price to return to liquidity grab or go back to fill it up.
- This area has a support Demand Zone + Bullish OB
waiting for the price. It is the point where orders are waiting to be filled.

The plan is to trade against the trend to be risky. but we can
If there are enough confirmations and factors, wait for a Buy lower zone or find a signal.
the reversal that occurs in that area to confirm one more time
The goal is where we will wait for Sell, and the stop loss is below the support.
down a little

In the case of Buy and Sell

If the price goes down or goes up to that area
Look for a signal to confirm another layer.
for safe trading or Aggressive Trader can use orders
LIMIT if you have a risk management plan
and for those who do not want to risk
If there is no confirmation signal, do not enter the trade.
If the price falls, the upper or lower zone The plan will be canceled.

-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION, and I have no reason to act on it, and neither should you

ติดตามกัปตันได้ที่:
Follow us :

Instagram: www.instagram.com/cap_taintrading/

Tiktok: www.tiktok.com/@captain_trading

Facebook: www.facebook.com/captainTH01/

Youtube: youtu.be/TtBanKTKzB0
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.