Captain_Trading01

GBPCAD Best place for buying & Selling

Short
FX:GBPCAD   British Pound / Canadian Dollar
GBPCAD H1 Timeframe
Short trades with advanced techniques
For Day & Scalper Trading

Analyzed by RTM / Multiple FACTORS strategies

GBPCAD in the H1 time frame, the price continues to move in a clear bearish trend. If talking about the technique
We only need to find sell points to flow with the trend.
But my setup has both
* Trend following
* Counter-Trend

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

- Uptrend in TF D1
- Downtrend in TF H4
- Downtrend in TF H1
- The price has created a QM pattern, leaving it after the
The price breaks down severely.
- Our sell wait point has a zone where the price imbalance.
The seller has left many orders that are still waiting.
Returning to match, that's the top MPL/Sp/OB/LQ zone.
which is close to the QML line itself.
- This area is also a Confluence Zone of
MPL/Sp/OB/LQ/FTB and HVN
or High Volume Node, the source of available trading volume
Many wait 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 breaks LH to build HH successfully in the secondary price round, this is BOS / Break of structure.
- If there is a BOS, there will be a QM, of course, this setup is
Wait for the price to return to liquidity grab or go back to fill it up.
- This area has a support line Minor Structure + Bullish OB
waiting for price

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 another layer of a confirmed reversal signal.
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.
Order cancelled:
Prices drop sharply because Fundamental (News)
and there were no reversal signals when the price came to the support zone.
This setup is to be canceled.

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