PAIR: USDCAD
TRADE TYPE: BUY
TIMEFRAME: 30-Minute (M30)
ANALYSIS TIME: 10:35 AM, April 25, 2025 (UTC+7)
STRATEGY: Trend-following + EMA33 (High/Low) + Pullback Signal
✅ Trade Setup:
Entry: BUY around 1.3865
Stop Loss (SL): 1.3838
Take Profit (TP): 1.3957
Risk-Reward Ratio: 1:3.2 (high reward-to-risk setup)
🔍 Technical Analysis:
Short-term trend: Price is in a mild uptrend, forming higher lows.
EMA 33 (High/Low): Price is hovering near EMA33, showing a potential pullback bounce.
Price Structure: After a short-term correction, USDCAD is consolidating and showing signs of a potential breakout above recent highs.
Volume: Increased buying volume during bullish moves indicates strong buying interest.
📌 Trade Management Tips:
Hold the position if price breaks above 1.3885 with strong volume.
Consider trailing stop or move SL to breakeven once price hits 1.3900.
This setup is suitable for short-term swing trading within M30–H1 timeframe.
TRADE TYPE: BUY
TIMEFRAME: 30-Minute (M30)
ANALYSIS TIME: 10:35 AM, April 25, 2025 (UTC+7)
STRATEGY: Trend-following + EMA33 (High/Low) + Pullback Signal
✅ Trade Setup:
Entry: BUY around 1.3865
Stop Loss (SL): 1.3838
Take Profit (TP): 1.3957
Risk-Reward Ratio: 1:3.2 (high reward-to-risk setup)
🔍 Technical Analysis:
Short-term trend: Price is in a mild uptrend, forming higher lows.
EMA 33 (High/Low): Price is hovering near EMA33, showing a potential pullback bounce.
Price Structure: After a short-term correction, USDCAD is consolidating and showing signs of a potential breakout above recent highs.
Volume: Increased buying volume during bullish moves indicates strong buying interest.
📌 Trade Management Tips:
Hold the position if price breaks above 1.3885 with strong volume.
Consider trailing stop or move SL to breakeven once price hits 1.3900.
This setup is suitable for short-term swing trading within M30–H1 timeframe.
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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.
Related publications
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.