📊 GBP/CAD — SETUP BREAKDOWN

The Demand Zone (The Green Box)

A Demand Zone is simply an area on the chart where buyers have historically stepped in and pushed price UP.

Think of it like a sale at a store, when something drops to a certain price, people rush to buy it.

The pink/purple box already drawn on the chart sits between 1.8420 – 1.8480, and price has now dropped right back into that same zone. This is significant because:

- Price respected this zone multiple times going back to late March / early April

- It's a proven area where buyers like to enter

- Price is currently sitting right at 1.84614,exactly inside the zone

Why I'm Looking to BUY

Three reasons this is a valid BUY setup:

1. Demand Zone Support: Price has returned to a key level that held before. Buyers are expected to defend this area again.

2. Oversold Drop: Price fell a long way from the highs (~1.8700 down to ~1.8420). Big moves like this often get a relief bounce before continuing.

3. Price Action Reaction: Looking at the most recent candles, you can see price dipped into the zone and is already starting to push back up, that's buyers defending their territory in real time.