PAIR: USDCAD
DIRECTION:🟢 Buyside
DATE: Mon 25th May 26
SESSION:NY Session AM
ENTRY TIME:1.00 am
ENTRY:1.38079
STOP:1.37953
TARGET:1.40331
RR: 17.87
🟢 Bias: Buyside
USDCAD is rotating higher from the May discount base and building a cleaner bullish delivery model within the 4H/1H structure. The larger structure shows price recovering from the lower range, respecting higher lows, and pushing toward premium-side liquidity above 1.39670 and into the 1.40331 imbalance/target zone.
🟢 Buyside Range Logic: Price created a May low
→ built higher lows → reclaimed internal fair value
→ is now attempting expansion toward a premium imbalance / demand-zone objective.
Trigger Type:
🟢 Buyside continuation/range reclaim trigger
Trigger sequence: Price held a higher-low structure
→ reclaimed internal range
→ 5m showed support around the daily open / lower cloud
→ price began pressing higher
→ entry activated at 1.38079
→ target mapped to 1.40331
🔥 Follow-through above 1.3835 / 1.3860.
Until price clears that area, this is still a buyside continuation attempt, not full expansion confirmation.
🔹 Entry: 1.38079
🔒 Stop: 1.37953
🎯 Target: 1.40331
💧 Liquidity draw: 1.39670 high → 1.40331 imbalance
⚠️ Invalidation: loss of 1.37953 and failure back below the reclaim zone
Trade closed: stop reached
Stop reached. Expecting volume to step in, not today. Well its a bank holiday, so no.
✅SNAP Trading Framework | Alternative market narratives, charts & education: t.me/SNAPTradingFramework ✅My Broker: vantagemarkets.com/?affid=MTkzMjYy&invitecode=o4u7qCiP
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.
✅SNAP Trading Framework | Alternative market narratives, charts & education: t.me/SNAPTradingFramework ✅My Broker: vantagemarkets.com/?affid=MTkzMjYy&invitecode=o4u7qCiP
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.