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Strategy GBP CAD H1 Inside bar strategy

5.00 star(s) 1 Vote
Pair: GBP CAD
Timeframe: H1 Only

Indicators:
BB BAND 20,2
RMI 14,5

Price Action : Inside Bar

Long entry RMI INDICATOR AT OVERSOLD AREA below 30 level

Price in lower BB band with big bearish candle followed by a inside bar


Short entry RMI Indicator at overbought area above 70-85 level
Price in upper BB band with big bullish candle followed by a inside bar bearish candle

Take profit 50 Pips

Stop Loss LOW OR HIGH OF H1
 

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