G
Godspower Dan
@godspowerdan
Last seen:
49 minutes ago
I began my forex trading journey in 2023, developing strong analytical skills through market research, price action analysis, and risk management. My experience in studying market trends, identifying trading opportunities, and making data-driven decisions has strengthened my ability to think critically and solve problems effectively. These skills have prepared me to contribute as an analyst by interpreting data, identifying patterns, and providing actionable insights.
100 Followers
2 Following
GBPCAD ROADMAP π
My expectation:
Retracement higher β 1.87329 key level β bearish reaction β weak low taken β 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.
+2
GBPCAD Setup
Bias: Bearish π
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.
+2
Thereβs 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.
+2
Thereβs 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.
+2
GBPCAD SELL WATCH π
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.
+2
GBPCAD is showing exactly why I like combining higher-timeframe narrative with lower-timeframe execution.
The 4H gives context.
The 15M gives precision.
I'm interested in sells around 1.87329, with the weak low around 1.86059 as my larger objective.
+2
GBPCAD β don't chase the move.
Price already expanded lower and has now started retracing. Instead of entering after displacement, I'm waiting for price to trade back into my level.
π Entry: 1.87329
π― TP: 1.86059
Patience over FOMO.
+2
The reason I'm interested in GBPCAD sells is simple: the highs remain protected while the low below is weak.
That gives me a clear liquidity narrative.
I'm waiting around 1.87329 for my sell entry, targeting the external liquidity around 1.86059.
+2
GBPCAD TRADE IDEA π»
The 15M chart is giving me the execution while the higher timeframe provides the broader narrative.
Price has already shown bearish intent and is now retracing.
Sell: 1.87329
TP: 1.86059
My draw on liquidity remains the weak low below.
+2
GBPCAD has been delivering bearish structure since rejecting from the highs, and price is now retracing into 1.87329.
Iβm looking to sell from this level rather than chase price at the lows.
Entry: 1.87329
Target: 1.86059
Let price come to me.
+2
GBPCAD SELL SETUP π
GBPCAD is retracing back into the key level Iβve been waiting for. The lower-timeframe structure remains bearish, and Iβm looking for this retracement to provide another opportunity to join the move lower.
Sell Entry: 1.87329
TP: 1.86059
The weak low below remains the main target.
+2
EURCAD OUTLOOK π
My roadmap for EURCAD is straightforward:
Current price β 1.60786 key level β bearish reaction β previous lows β 1.60017 weak low.
I'm expecting that weak low to eventually become the draw on liquidity.
Sell Entry: 1.60786
TP: 1.60017
If price invalidates the bearish structure instead, I'll reassess rather than force the original narrative.
+2
I'm still treating the upside movement on EURCAD as a retracement rather than immediately assuming the market has turned bullish.
Why?
Because the weak low below remains intact while my key sell level around 1.60786 is being approached.
If that level holds, I'm looking lower.
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EURCAD SELL WATCH π΄
Price: ~1.6072
Key level: 1.60786
Weak low: 1.60017
I'm expecting price to push into the key level, find sellers and begin another bearish expansion.
I have my narrative. Now I wait for execution.
+2
One thing I like about this EURCAD setup is the alignment across multiple timeframes.
The 4H gives me the broader bearish context, while the 1H gives me a much cleaner execution level.
Sell Entry: 1.60786
Target: 1.60017
Now price has to do the rest.
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EURCAD has spent several sessions ranging, but the weak low around 1.60017 remains untouched.
That's important to my narrative.
As price trades into 1.60786, I'm watching for bearish delivery to resume and eventually clear that external liquidity.
+2
EURCAD TRADE PLAN π
Bias: Bearish
Entry: 1.60786
First draw: Previous lows around 1.6020
Main TP: 1.60017
I'm not selling randomly in the middle of the range. I'm using the key level as my execution point and targeting the liquidity resting below.
+2
The EURCAD range is becoming interesting.
We have a strong high above and a clearly defined weak low below. That tells me where I want to focus my attention.
I'm expecting the key 1.60786 level to provide resistance and potentially send price toward the sell-side liquidity below.
+2
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