GBP/CAD H4 ā Bearish Bias | Watching Upper Band Tap for ReversalGBP/CADOANDA:GBPCADazmi12321GBP/CAD remains in a clear H4 downtrend, respecting the descending trendline and printing lower highs/lows. After the recent pullback from the lows, price is retracing into a key area of confluence. š Current Outlook Overall structure: Bearish Market context: Pullback within established downtrend Momentum: Corrective move, not impulsive š Key Confluence Zone Iām expecting price to tap the upper Bollinger Band, which aligns with: H4 Imbalance (FVG) H4 Order Block This area offers strong confluence for a potential lower high formation. ā³ Plan Awaiting bearish confirmation on H4 (rejection wick, bearish engulfing, shift in LTF structure) before considering shorts. šÆ Bearish Scenario If rejection confirms at the upper band / imbalance zone: Target 1: Recent swing low Target 2: Continuation toward lower structure support Extended: Trend continuation within overall downtrend ā ļø Invalidation Sustained H4 close above the imbalance/order block zone would weaken the bearish bias. Patience here ā let price come into premium and show confirmation before execution.