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Nov 18, 2021 4:01 PM

GBPCAD Short Opportunity 

British Pound/Canadian DollarSaxo

Description

4HR OB - 50% remains fresh and untouched.
1HR OB - 50% remains fresh and untouched.

Trading Plan:
1) Set Price Alert
2) Wait for rejection confirmation in candlestick patterns
3) Wait BOS
4) Break down into smaller timeframe like M15 and set Pending sell limit order.

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Alternatively, QML is another short entry setup.
However, this QML is not that typical in structure, hence, assuming the probability is not high.
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