A way to try and avoid getting caught on the wrong side of an extended move is to check a HTF to see what Price is doing.
GBP/CAD has been falling for nearly 3 Months it's best to avoid taking entries into No Mans Land at Swing Lows.
Wait for a PullBack and make sure Profit can be taken well before the Swing Low is reached.
Also pay close attention to market Structure LH - LL ect
Notice how GBP/CAD has, so far, failed to make a Lower Low be cautious going Short in this situation.
It's just something to be aware of before getting into Trades.
I missed the setup I highlighted easier, I was working.
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