After spotting a bullish divergence on the EUR/CAD 30-minute chart, the price action has confirmed our analysis — the chart has started forming Higher Highs (HHs) and Higher Lows (HLs), signaling the beginning of a bullish trend reversal.
Now that momentum has shifted, we’re preparing a bullish trade setup in line with the new trend.
Trade Setup Details:
Pair: EUR/CAD
Timeframe: 30 Min
Trend: Bullish
Entry (Buy Stop): 1.56598
Stop Loss (SL): 1.56007
Take Profit 1 (TP1): 1.57189 (1:1)
Take Profit 2 (TP2): 1.57780 (1:2)
Lot Size: 0.23
Risk/Reward:
Trade 1: Risk $100 / Reward $100 (1:1)
Trade 2: Risk $100 / Reward $200 (1:2)
Total Risk: $200
Total Potential Reward: $300
✅ Why This Setup?
✅ RSI Divergence: Signaled a potential reversal before price confirmed
✅ HHs and HLs: Clear market structure shift to bullish
✅ Buy Stop Entry: Waits for confirmation above resistance
✅ Smart Risk Management: Split reward target for flexibility
Hashtags:
#EURCAD #BullishTrend #RSIDivergence #ForexSignals #PriceAction #HHHL #TradingSetup #BuyStop #TrendReversal #ForexStrategy #TechnicalTrading #ChartAnalysis #TradingView
Now that momentum has shifted, we’re preparing a bullish trade setup in line with the new trend.
Trade Setup Details:
Pair: EUR/CAD
Timeframe: 30 Min
Trend: Bullish
Entry (Buy Stop): 1.56598
Stop Loss (SL): 1.56007
Take Profit 1 (TP1): 1.57189 (1:1)
Take Profit 2 (TP2): 1.57780 (1:2)
Lot Size: 0.23
Risk/Reward:
Trade 1: Risk $100 / Reward $100 (1:1)
Trade 2: Risk $100 / Reward $200 (1:2)
Total Risk: $200
Total Potential Reward: $300
✅ Why This Setup?
✅ RSI Divergence: Signaled a potential reversal before price confirmed
✅ HHs and HLs: Clear market structure shift to bullish
✅ Buy Stop Entry: Waits for confirmation above resistance
✅ Smart Risk Management: Split reward target for flexibility
Hashtags:
#EURCAD #BullishTrend #RSIDivergence #ForexSignals #PriceAction #HHHL #TradingSetup #BuyStop #TrendReversal #ForexStrategy #TechnicalTrading #ChartAnalysis #TradingView
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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.