📈 USDCAD Trade Breakdown | Start of the Week Setup
Kicking off the week with a structured USDCAD setup.
After a strong impulsive move, price formed a bullish pennant, consolidating above a key support zone before breaking out.
Confluences:
1️⃣ Breakout from the pennant pattern
2️⃣ Retest of structure support
3️⃣ Bullish continuation aligned with higher timeframe momentum
Targets set at TP1 (1.40347) and TP2 (1.40579) as the market builds bullish momentum.
Consistency and structure remain the focus — 💡
#Forex #TradingAnalysis #USDCAD #MarketStructure #FinanceCommunity #TechnicalAnalysis
Kicking off the week with a structured USDCAD setup.
After a strong impulsive move, price formed a bullish pennant, consolidating above a key support zone before breaking out.
Confluences:
1️⃣ Breakout from the pennant pattern
2️⃣ Retest of structure support
3️⃣ Bullish continuation aligned with higher timeframe momentum
Targets set at TP1 (1.40347) and TP2 (1.40579) as the market builds bullish momentum.
Consistency and structure remain the focus — 💡
#Forex #TradingAnalysis #USDCAD #MarketStructure #FinanceCommunity #TechnicalAnalysis
Trade fermée: cible de profit atteinte
We hit all TP's 
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.