GBPCAD LONGGreat British Pound vs. Canadian DollarFX:GBPCADLazyTrader88Hey traders! ๐ Here is a detailed breakdown of my long setup on GBPCAD (1-Hour Chart). Price has tapped directly into an unmitigated key demand block after a clean sweep of sell-side liquidity, setting up a high-probability bounce back into higher timeframe structure. ๐ง Market Narrative & Context Demand Mitigation: Price tapped directly into the Lazy Trader Mini CHOCH Demand zone around 1.8700 โ 1.8715, showing immediate institutional buying interest. Liquidity Sweep: Before the push higher, price swept sell-side liquidity beneath the recent protected lows, clearing out early buyers and gathering fuel for the rally. HTF Alignment: Daily (D) and Monthly (M) trends remain strongly Bullish, providing strong higher-timeframe confluence for a long position off discount levels. Momentum Divergence: RSI is turning sharply upward from oversold territory (~48-56 range), indicating shifting momentum back to the buyers. ๐ฏ Trade Execution & Targets Bias: Long / Bullish ๐ข Entry Area: ~1.8740 โ 1.8760 Invalidation / Stop Loss: Below the mitigated demand low (~1.8703) Primary Target (TP1): 1.8800 (Lazy Trader BOS Supply Area) Final Target (TP2): 1.8890 (Descending resistance trendline / upper liquidity pool) ๐ก Trade Management Plan Once price pushes toward 1.8800, I'll look to bank partial profits, move my Stop Loss to breakeven, and let the remaining position run toward the main trendline liquidity target at 1.8890. Treat trading like a businessโbank your targets and let the process build your edge! ๐ง ๐ฐ How are you trading GBPCAD this week? Are you taking the long bounce, or waiting for higher supply to short? Let me know in the comments! Don't forget to Like, Comment, and Follow for more daily SMC setups! ๐ #GBPCAD #Forex #TradingView #SmartMoneyConcepts #ICT #TechnicalAnalysis #DayTrading #PriceAction #OrderBlock #FxTrading #ForexSignals