GBPCAD 4H Spring 💡 | Smart Money Accumulation Before Expansion
Watching a textbook Wyckoff spring unfold here on the 4H.
After a multi-day rally, price retraced, and liquidity built up just above 1.8713. What happened next?
🔻 We got a liquidity sweep, tagging below 1.8687 — then a sharp rejection wick back into the range. That’s the spring.
🧠 Why this matters:
Liquidity below the range is now likely cleared.
Smart money triggered stops and may now flip positioning.
Buyer momentum reclaiming the broken zone signals strength returning.
🎯 My Play:
Long entry after reclaim above 1.8713
Stop below 1.8687 wick low
Targeting 1.8828 > 1.8830 as TP1
Extended TP at 1.8928 — aligning with prior supply zone
⚠️ Invalidation if we lose 1.8685 with momentum and no absorption.
This is not a chase trade — it’s a calculated entry after weak hands were shaken out. Let the market prove strength, then ride the reversion.
📈 If this spring holds, I expect continuation toward prior highs.
Watching a textbook Wyckoff spring unfold here on the 4H.
After a multi-day rally, price retraced, and liquidity built up just above 1.8713. What happened next?
🔻 We got a liquidity sweep, tagging below 1.8687 — then a sharp rejection wick back into the range. That’s the spring.
🧠 Why this matters:
Liquidity below the range is now likely cleared.
Smart money triggered stops and may now flip positioning.
Buyer momentum reclaiming the broken zone signals strength returning.
🎯 My Play:
Long entry after reclaim above 1.8713
Stop below 1.8687 wick low
Targeting 1.8828 > 1.8830 as TP1
Extended TP at 1.8928 — aligning with prior supply zone
⚠️ Invalidation if we lose 1.8685 with momentum and no absorption.
This is not a chase trade — it’s a calculated entry after weak hands were shaken out. Let the market prove strength, then ride the reversion.
📈 If this spring holds, I expect continuation toward prior highs.
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.