USD/CAD – Bullish Scenario
Bias: Bullish, expecting upside continuation.
Current Structure: Price is holding above a key daily support level.
Plan:
As long as support holds, the bullish structure remains valid.
Look for bullish confirmations on lower timeframes — such as a fair value gap or a break of short-term highs.
First major upside target is the next daily resistance.
Extended target at the higher resistance zone if momentum is strong.
Invalidation: A daily close below support will void this bullish plan and require reassessment.
Summary:
Holding support and looking for bullish continuation toward the next resistance zone, with potential for further extension if momentum continues.
Bias: Bullish, expecting upside continuation.
Current Structure: Price is holding above a key daily support level.
Plan:
As long as support holds, the bullish structure remains valid.
Look for bullish confirmations on lower timeframes — such as a fair value gap or a break of short-term highs.
First major upside target is the next daily resistance.
Extended target at the higher resistance zone if momentum is strong.
Invalidation: A daily close below support will void this bullish plan and require reassessment.
Summary:
Holding support and looking for bullish continuation toward the next resistance zone, with potential for further extension if momentum continues.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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.