6 Jan 2023

5 Jan 2023: GBPCAD

 GBPCAD long trade on 5/1/23

Pre-Analysis: -

- GBPCAD has SOS with ultra-high volume on 3/1/23. This appeared in 15 min chart.



Entry: -


- Entry time 8:15pm
- Risk 0.25%
- TP plan, run the profits.
- Based on no supply indicator.

Post Analysis: -

- Trade ended with loss (full risk)
- Indicator no supply came with volume which was not a low volume compared to previous 2 bars.
- For next trade please only consider only no supply or test indicators with volume lower than previous 2 bars.