CAD Pairs

GBPCAD SELL WATCH 👀

Price is currently pushing upward, but I'm treating this move as a retracement within my bearish narrative.

The level I'm interested in is 1.87329.

If sellers respond from there and bearish structure continues, I'm expecting price to work its way toward 1.86059.

There’s a difference between price moving against your bias and price invalidating your bias.

For GBPCAD, I'm actually waiting for this retracement.

I want price around 1.87329 before looking for the sell.

From there, the weak low below provides the liquidity objective.

There’s a difference between price moving against your bias and price invalidating your bias.

For GBPCAD, I'm actually waiting for this retracement.

I want price around 1.87329 before looking for the sell.

From there, the weak low below provides the liquidity objective.

GBPCAD Setup

Bias: Bearish 📉

Entry: 1.87329

First objective: ~1.8660 weak low

Final TP: 1.86059

The setup is built around the expectation that the retracement completes and bearish order flow resumes toward the liquidity resting below.

GBPCAD ROADMAP 📊

My expectation:

Retracement higher → 1.87329 key level → bearish reaction → weak low taken → continuation toward 1.86059.

I'm not trying to predict every candle between entry and TP. I have a level, an invalidation condition and a liquidity target.

Now I wait for price to execute the idea.