USDCAD 🌟 **USDCAD Patch Idea – SNR Technique in Action** 🌟
In this trading setup, I'm combining my own “patch” method with a classic **Support and Resistance (SNR)** technique. The chart shows how price recently broke through a resistance zone and is now pulling back into that same area, which I’ve highlighted in **yellow**. This zone is key because it’s where I expect buyers to step in again — turning old resistance into new support.
📍 I’ve also marked important price levels with **red lines**, especially the **open price of June 9**. This level acts as a psychological anchor — if price respects it, it could confirm that bulls are in control. The **yellow zone** is where I plan to look for entries. If price dips into this area and shows bullish signs (like wicks or a strong candle), I’ll consider buying.
🔑 The idea is simple: wait for price to react at the **support zone**, and then follow the move upwards. My target is around **1.3715 or higher**, and my stop loss would go just below the support, around **1.3682**. This gives a clean structure: entry on retest, stop below structure, and a clear bullish path if all goes well.
🎯 Overall, this patch helps me stay focused on clean market structure, key levels, and price behavior. No need to rush — I just wait for the market to come to me. 📊
