Bias: ✅ Strong Sell
Timeframe: 4H
Pair: USDCAD
Week: 26–30 May 2025
⸻
🔍 Technical Setup:
USDCAD just broke a major support zone around 1.3732, opening the door for continued downside into the next demand zone.
• Entry: Break and retest or continuation below 1.3732
• Stop Loss: Above resistance at 1.3813
• Take Profit: Next support near 1.3467
• Risk-Reward Ratio: ~3.9R
• Structure: Lower highs, clean breakdown, bearish momentum
⸻
🧠 Macro Confluence:
• 📉 USD Weakness: Dovish Fed, weak macro outlook (Investogenie Score 1.8 ↓)
• 🇨🇦 CAD Recovery: Hawkish BoC, conditional score surged from 2 → 10
• 📊 Seasonals: CAD favored
• 🧾 COT: Net bearish shift in USD, CAD corrective phase expected
• ⚠️ News Risk: CAD GDP & US GDP this week could accelerate the move
⸻
⚠️ Risk Notes:
• Watch for FOMC and GDP reports before scaling positions
• Break & close confirmed – trail stops on lower timeframe
⸻
📌 Momentum is in favor – ride the breakdown, but stay data-aware.
Share setups or feedback below 👇
Timeframe: 4H
Pair: USDCAD
Week: 26–30 May 2025
⸻
🔍 Technical Setup:
USDCAD just broke a major support zone around 1.3732, opening the door for continued downside into the next demand zone.
• Entry: Break and retest or continuation below 1.3732
• Stop Loss: Above resistance at 1.3813
• Take Profit: Next support near 1.3467
• Risk-Reward Ratio: ~3.9R
• Structure: Lower highs, clean breakdown, bearish momentum
⸻
🧠 Macro Confluence:
• 📉 USD Weakness: Dovish Fed, weak macro outlook (Investogenie Score 1.8 ↓)
• 🇨🇦 CAD Recovery: Hawkish BoC, conditional score surged from 2 → 10
• 📊 Seasonals: CAD favored
• 🧾 COT: Net bearish shift in USD, CAD corrective phase expected
• ⚠️ News Risk: CAD GDP & US GDP this week could accelerate the move
⸻
⚠️ Risk Notes:
• Watch for FOMC and GDP reports before scaling positions
• Break & close confirmed – trail stops on lower timeframe
⸻
📌 Momentum is in favor – ride the breakdown, but stay data-aware.
Share setups or feedback below 👇
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.