📉 GBPCAD SELL TRADE PLAN
📅 Date: May 06, 2025
🎯 Type: Intra-Day to Short-Term Swing
📊 Confidence Level: ⭐⭐⭐⭐ (78%)
🔁 Structure Type: Reversal from H4 Supply + Liquidity Sweep
📌 Risk:Reward: 3.2:1
🔍 Market Context
Bias: Bearish
Primary Structure: D1 & H4 bearish sequence maintained
Trigger Zone: Price tapped into H4 supply zone (liquidity sweep + inefficiency)
Internal BOS: Present on H1
Volume: Clustered spike near zone, high rejection tail
Macro Sentiment: CAD supported by crude oil strength; GBP softening across board
Retail Positioning: GBP bullish bias, ideal for fade
🔰 SELL ENTRY ZONE
Primary Sell Zone: 1.8435 – 1.8460 (H4 OB + Equal High Liquidity)
Stop Loss: 1.8498 (Above inefficiency sweep + 1H ATR buffer)
Entry Method: Scale-in (50% @ mid-zone, 50% @ top of zone)
🎯 TAKE PROFIT TARGETS
TP1: 1.8350 → Internal liquidity grab (70+ pips)
TP2: 1.8265 → Clean inefficiency + structural support
TP3: 1.8180 → D1 demand + macro swing low
📏 RISK:REWARD PROFILE
TP1: ~1.3:1
TP2: ~2.5:1
TP3: ~3.2:1
🧠 TRADE MANAGEMENT
Initial Risk: 0.50% of portfolio
SL to BE: After TP1 hit
Partial Close: 60% @ TP1, 25% @ TP2, 15% trail into TP3
Exit Criteria: 1H bullish BOS + volume + RSI divergence
News Filter: Exit before CAD high-impact news
⏱ VALIDITY
Trade Plan Type: Intra-Day to 2-Day Swing
Valid For: 24–36 hrs from first tap
Expires: May 08, 2025 (NY session open)
❌ INVALIDATION
H1 Close Above: 1.8500
Macro Catalyst Flip: Sudden BoC dovish bias or GBP hawkish surprise
Volume Divergence: If price rises on declining volume past zone
🌐 SENTIMENT SNAPSHOT
COT: CAD steady, GBP long exposure vulnerable
Retail Traders: 68% long GBPCAD
Cross-Confirmations: GBPAUD + GBPNZD show top structures
Oil Market: Bullish (CAD-correlated)
Sentiment Score: +6.5/10
✅ TRADE SUMMARY
GBPCAD presents a precise sell opportunity from H4 supply zone after sweeping local highs. The setup aligns with bearish D1 structure and macro CAD strength. Volume profile, liquidity engineering, and BOS validate this reversal. Clean downside targets offer ideal RR if managed per plan. Stay vigilant for NY session volatility or CAD data triggers. Strict invalidation guards the trade with asymmetric reward.
📅 Date: May 06, 2025
🎯 Type: Intra-Day to Short-Term Swing
📊 Confidence Level: ⭐⭐⭐⭐ (78%)
🔁 Structure Type: Reversal from H4 Supply + Liquidity Sweep
📌 Risk:Reward: 3.2:1
🔍 Market Context
Bias: Bearish
Primary Structure: D1 & H4 bearish sequence maintained
Trigger Zone: Price tapped into H4 supply zone (liquidity sweep + inefficiency)
Internal BOS: Present on H1
Volume: Clustered spike near zone, high rejection tail
Macro Sentiment: CAD supported by crude oil strength; GBP softening across board
Retail Positioning: GBP bullish bias, ideal for fade
🔰 SELL ENTRY ZONE
Primary Sell Zone: 1.8435 – 1.8460 (H4 OB + Equal High Liquidity)
Stop Loss: 1.8498 (Above inefficiency sweep + 1H ATR buffer)
Entry Method: Scale-in (50% @ mid-zone, 50% @ top of zone)
🎯 TAKE PROFIT TARGETS
TP1: 1.8350 → Internal liquidity grab (70+ pips)
TP2: 1.8265 → Clean inefficiency + structural support
TP3: 1.8180 → D1 demand + macro swing low
📏 RISK:REWARD PROFILE
TP1: ~1.3:1
TP2: ~2.5:1
TP3: ~3.2:1
🧠 TRADE MANAGEMENT
Initial Risk: 0.50% of portfolio
SL to BE: After TP1 hit
Partial Close: 60% @ TP1, 25% @ TP2, 15% trail into TP3
Exit Criteria: 1H bullish BOS + volume + RSI divergence
News Filter: Exit before CAD high-impact news
⏱ VALIDITY
Trade Plan Type: Intra-Day to 2-Day Swing
Valid For: 24–36 hrs from first tap
Expires: May 08, 2025 (NY session open)
❌ INVALIDATION
H1 Close Above: 1.8500
Macro Catalyst Flip: Sudden BoC dovish bias or GBP hawkish surprise
Volume Divergence: If price rises on declining volume past zone
🌐 SENTIMENT SNAPSHOT
COT: CAD steady, GBP long exposure vulnerable
Retail Traders: 68% long GBPCAD
Cross-Confirmations: GBPAUD + GBPNZD show top structures
Oil Market: Bullish (CAD-correlated)
Sentiment Score: +6.5/10
✅ TRADE SUMMARY
GBPCAD presents a precise sell opportunity from H4 supply zone after sweeping local highs. The setup aligns with bearish D1 structure and macro CAD strength. Volume profile, liquidity engineering, and BOS validate this reversal. Clean downside targets offer ideal RR if managed per plan. Stay vigilant for NY session volatility or CAD data triggers. Strict invalidation guards the trade with asymmetric reward.
Trade closed: stop reached
SL HIT!
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.