🛡️ The Battlefield Overview
GBP/CAD has been defending a major support fortress around 1.88000, a zone tested and respected multiple times. The market paused here, gathering strength, shaking off weak hands — a classic liquidity zone where smart money orchestrates their next moves.
As the week closes, a powerful bearish candle slams the gates shut, confirming that bears are not just probing but launching a decisive assault.
🔥 The Warrior’s Dual Paths
The Strategic Flush & Drop — Higher Probability
After the pause and liquidity grab near 1.88000, the market filled the stops and trapped buyers, then surged downward with momentum. This path signals a calculated bear strike, leading price toward the next critical support near 1.82000.
The small corrective moves along the way will be mere breathers before the next leg down, typical of a disciplined market march.
The Sudden Break & Follow-Through — Less Likely, But Possible
Price could bypass minor corrections and plunge directly to 1.82000, respecting the momentum built from the heavy bearish close. Given historical pauses and structure, this is less probable but must be acknowledged.
⚖️ The Market Warrior’s Summary
“The bears have declared their intent with a mighty blow — the fortress crumbles and the battleground shifts. Patience will reward those who read the traps, for the march to 1.82000 is paved with the footprints of smart money.”
GBP/CAD has been defending a major support fortress around 1.88000, a zone tested and respected multiple times. The market paused here, gathering strength, shaking off weak hands — a classic liquidity zone where smart money orchestrates their next moves.
As the week closes, a powerful bearish candle slams the gates shut, confirming that bears are not just probing but launching a decisive assault.
🔥 The Warrior’s Dual Paths
The Strategic Flush & Drop — Higher Probability
After the pause and liquidity grab near 1.88000, the market filled the stops and trapped buyers, then surged downward with momentum. This path signals a calculated bear strike, leading price toward the next critical support near 1.82000.
The small corrective moves along the way will be mere breathers before the next leg down, typical of a disciplined market march.
The Sudden Break & Follow-Through — Less Likely, But Possible
Price could bypass minor corrections and plunge directly to 1.82000, respecting the momentum built from the heavy bearish close. Given historical pauses and structure, this is less probable but must be acknowledged.
⚖️ The Market Warrior’s Summary
“The bears have declared their intent with a mighty blow — the fortress crumbles and the battleground shifts. Patience will reward those who read the traps, for the march to 1.82000 is paved with the footprints of smart money.”
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.