SMC Trading point update
Technical analysis of USD/CAD Bullish Continuation Setup (4H Chart)
Technical Overview:
Instrument: U.S. Dollar / Canadian Dollar (USD/CAD)
Timeframe: 4-Hour
Current Price: ~1.4028
Bias: Bullish
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Chart Breakdown:
1. Fair Value Gap (FVG) Zone – Demand Area (Yellow Box):
Price recently filled the FVG and respected the 1.3970–1.3990 support zone.
This zone acted as a bullish mitigation area, showing institutional buying interest.
2. Structure Shift:
After consolidating, USD/CAD broke above short-term highs, confirming a bullish market structure shift (MSS).
The ongoing pullback into the FVG area could serve as a retest entry point.
3. Target Point:
Projected target is around 1.4124, aligning with previous liquidity highs.
This move suggests a potential +100 pips upside from current levels.
4. Trade Plan:
Entry Zone: 1.3980 – 1.4000 (on FVG retest)
Target: 1.4124
Invalidation: Below 1.3950 (if structure fails and price re-enters deeper range)
Mr SMC Trading point
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Trading Insight:
This setup reflects a Smart Money Concepts (SMC) bullish continuation pattern.
The market has broken structure to the upside and is likely to continue higher after a brief retracement into the fair value gap zone — targeting liquidity resting above 1.4124.
---
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Technical analysis of USD/CAD Bullish Continuation Setup (4H Chart)
Technical Overview:
Instrument: U.S. Dollar / Canadian Dollar (USD/CAD)
Timeframe: 4-Hour
Current Price: ~1.4028
Bias: Bullish
---
Chart Breakdown:
1. Fair Value Gap (FVG) Zone – Demand Area (Yellow Box):
Price recently filled the FVG and respected the 1.3970–1.3990 support zone.
This zone acted as a bullish mitigation area, showing institutional buying interest.
2. Structure Shift:
After consolidating, USD/CAD broke above short-term highs, confirming a bullish market structure shift (MSS).
The ongoing pullback into the FVG area could serve as a retest entry point.
3. Target Point:
Projected target is around 1.4124, aligning with previous liquidity highs.
This move suggests a potential +100 pips upside from current levels.
4. Trade Plan:
Entry Zone: 1.3980 – 1.4000 (on FVG retest)
Target: 1.4124
Invalidation: Below 1.3950 (if structure fails and price re-enters deeper range)
Mr SMC Trading point
---
Trading Insight:
This setup reflects a Smart Money Concepts (SMC) bullish continuation pattern.
The market has broken structure to the upside and is likely to continue higher after a brief retracement into the fair value gap zone — targeting liquidity resting above 1.4124.
---
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
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t.me/+zmgnHqUTiY8wMTU0
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World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
t.me/+zmgnHqUTiY8wMTU0
t.me/+zmgnHqUTiY8wMTU0
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Join my recommended broker , link 👇
World best broker exness ✅D
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.