SMC Trading point update
Technical analysis of USD/CAD on the 4H timeframe, using Smart Money Concepts (SMC).
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🔍 Technical Breakdown – USD/CAD (4H)
1. FVG (Fair Value Gap) / Supply Zone
Price is currently trading inside a supply/FVG zone (highlighted in yellow at the top).
Market is reacting to this imbalance area where institutional selling pressure is expected.
2. BOS (Break of Structure)
Earlier, price made a Break of Structure (BOS) on the downside, confirming a bearish shift in market structure.
The current bullish retracement into the supply zone is likely just a pullback before continuation down.
3. Bearish Rejection Expected
From the chart, price is anticipated to reject from the supply zone and start a bearish move.
Projection shows a strong drop toward the target support zone (SSS).
4. Target Point
Final downside target is marked at 1.35847, aligning with the Sell-Side Liquidity (SSL) / Support zone (SSS).
This zone is a strong liquidity pool where price may hunt stop losses before reversing.
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Summary
Bias: Bearish
Current Price: 1.38147
Supply Zone (FVG): 1.3800 – 1.3850 (reaction expected)
Target Zone (SSS): 1.35847
Setup: Look for short entries inside supply zone with confirmation.
Mr SMC Trading point
This is a classic SMC setup: BOS Pullback to FVG Liquidity hunt Target
Please support boost 🚀 this analysis)
Technical analysis of USD/CAD on the 4H timeframe, using Smart Money Concepts (SMC).
---
🔍 Technical Breakdown – USD/CAD (4H)
1. FVG (Fair Value Gap) / Supply Zone
Price is currently trading inside a supply/FVG zone (highlighted in yellow at the top).
Market is reacting to this imbalance area where institutional selling pressure is expected.
2. BOS (Break of Structure)
Earlier, price made a Break of Structure (BOS) on the downside, confirming a bearish shift in market structure.
The current bullish retracement into the supply zone is likely just a pullback before continuation down.
3. Bearish Rejection Expected
From the chart, price is anticipated to reject from the supply zone and start a bearish move.
Projection shows a strong drop toward the target support zone (SSS).
4. Target Point
Final downside target is marked at 1.35847, aligning with the Sell-Side Liquidity (SSL) / Support zone (SSS).
This zone is a strong liquidity pool where price may hunt stop losses before reversing.
---
Summary
Bias: Bearish
Current Price: 1.38147
Supply Zone (FVG): 1.3800 – 1.3850 (reaction expected)
Target Zone (SSS): 1.35847
Setup: Look for short entries inside supply zone with confirmation.
Mr SMC Trading point
This is a classic SMC setup: BOS Pullback to FVG Liquidity hunt Target
Please support boost 🚀 this analysis)
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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.
(Services:✔️ JOIN Telegram channel
t.me/SMCTrading_point
Gold trading signals 🚀 99%
t.me/SMCTrading_point
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
t.me/SMCTrading_point
Gold trading signals 🚀 99%
t.me/SMCTrading_point
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
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.