GBP/CAD
The market is pushing downward into a liquidity sweep past the "Weak Low" level (1.88160), currently trading at 1.88182. The chart projects a multi-stage accumulation reversal sequence: a deep sell-side liquidity sweep reaching down to 1.88060, an initial corrective bounce to 1.88160, a secondary shallow dip to 1.88090, followed by a strong bullish breakout surge reaching the lower supply band at 1.88330, a higher-low pullback to 1.88190, and a final expansion surge targeting the upper red supply block near 1.88440 ("Strong High")
Scenarios
๐ดMain: Price materializes the projected black path-sweeping sell-side liquidity down to 1.88060, bouncing through 1.88160, forming a secondary trough at 1.88090, launching an explosive rally to 1.88330, pulling back to 1.88190, and accelerating upward toward 1.88440
๐ดAlternative: Strong selling volume continues past the sweep level, closing solid candle bodies below 1.88000. This structural breakdown invalidates the accumulation setup, keeping us flat
August 29, 2026 15 2
