USDCAD is eyeing a bullish reversal on the 4-hour chart, with price testing a key support zone after recent lows, converging with a potential entry area that could ignite further upside momentum toward the higher resistance zone if buyers defend amid volatility. This setup suggests a solid rally opportunity with more than 1:5.5 risk-reward.🔥Entry between 1.375–1.377 (entry from current price with proper risk management is recommended). Target at 1.399. Set a stop loss at a daily close below 1.373, yielding a risk-reward ratio of more than 1:5.5. Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging the pair’s strength near support.🌟
Fundamentally, USDCAD is trading around 1.386 in late August 2026.
For the US Dollar, the most important release this week (24–28 August) is the US Core PCE Price Index (July) on Wednesday, August 26 — the Fed’s preferred inflation gauge that can significantly influence dollar strength.
For the Canadian Dollar, a key event is the Canada GDP data (June / Q2) on Friday, August 28, which will provide critical insight into the health of the Canadian economy. 💡
📝 Trade Setup
🎯 Entry (Long):
1.375 – 1.377
(Entry from current price is acceptable with proper position sizing and strict risk management.)
🎯 Target:
1.399
❌ Stop Loss:
Daily candle close below 1.373
📈 Risk-to-Reward:
More than 1:5.5
💡 Will buyers defend 1.375–1.377 and drive USDCAD toward 1.399, or will sellers break support and invalidate the bullish setup? 👇
Trade attivo
The position was activated.Trade chiuso: obiettivo raggiunto
🔥 The position was closed with more than 1:5.5 risk-reward ratio.If you have any questions, don't hesitate to send me a message on Tradingview.
Good luck :)
📉 Trading without a plan is gambling💸!?
NOT HERE‼️
Real entry, stop-loss & target — R:R tracked live ✅
🟢 Channel: t.me/MasterHunterAnalysis
🔵 X: x.com/Master_HunterX
🔴 Contact: t.me/MasterHunterTrade
NOT HERE‼️
Real entry, stop-loss & target — R:R tracked live ✅
🟢 Channel: t.me/MasterHunterAnalysis
🔵 X: x.com/Master_HunterX
🔴 Contact: t.me/MasterHunterTrade
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
📉 Trading without a plan is gambling💸!?
NOT HERE‼️
Real entry, stop-loss & target — R:R tracked live ✅
🟢 Channel: t.me/MasterHunterAnalysis
🔵 X: x.com/Master_HunterX
🔴 Contact: t.me/MasterHunterTrade
NOT HERE‼️
Real entry, stop-loss & target — R:R tracked live ✅
🟢 Channel: t.me/MasterHunterAnalysis
🔵 X: x.com/Master_HunterX
🔴 Contact: t.me/MasterHunterTrade
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.