USD/CAD M30 – Potential Buying Opportunity
The USD/CAD pair on the M30 timeframe is showing a potential bullish setup following the formation of a breakout pattern. This indicates a likely shift in momentum to the upside, increasing the chances of further gains in the coming hours.
Possible Long Trade Setup:
Entry:
Consider entering a long position around the trendline of the breakout pattern (watch for confirmation such as bullish candles or rejection wicks).
Target Levels:
1st Resistance: 1.4034
2nd Resistance: 1.4131
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The USD/CAD pair on the M30 timeframe is showing a potential bullish setup following the formation of a breakout pattern. This indicates a likely shift in momentum to the upside, increasing the chances of further gains in the coming hours.
Possible Long Trade Setup:
Entry:
Consider entering a long position around the trendline of the breakout pattern (watch for confirmation such as bullish candles or rejection wicks).
Target Levels:
1st Resistance: 1.4034
2nd Resistance: 1.4131
---
If you found this analysis helpful, please hit the like button and drop a comment to show your support!
Your engagement inspires me to share more quality setups and market insights.
Best regards,
JAMES_GOLD_MASTER_MQL5
Thank you!
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.
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.