📊 Description ✅ Setup 
USDCAD
USDCAD (M30) shows a clear structure shift after failing to sustain inside the rising channel.
Key observations:
✔ Price rejected from major Resistance Zone
✔ Ascending structure losing strength
✔ Breakdown below trendline support
✔ Lower highs forming → bearish pressure increasing
Market sentiment currently favors sellers unless price reclaims resistance.
🧱 Support & Resistance
🔺 Resistance Zone: 1.3690 – 1.3705
🔻 1st Support: 1.3638
🔻 2nd Support: 1.3622
These zones represent liquidity reaction areas.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute financial advice.
Always apply proper risk management and trade based on your own strategy.
#USDCAD #ForexTrading #PriceAction #TrendlineBreak #SupportAndResistance #IntradayTrading #ForexAnalysis #TradingView #SmartMoneyConcepts
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USDCAD (M30) shows a clear structure shift after failing to sustain inside the rising channel.
Key observations:
✔ Price rejected from major Resistance Zone
✔ Ascending structure losing strength
✔ Breakdown below trendline support
✔ Lower highs forming → bearish pressure increasing
Market sentiment currently favors sellers unless price reclaims resistance.
🧱 Support & Resistance
🔺 Resistance Zone: 1.3690 – 1.3705
🔻 1st Support: 1.3638
🔻 2nd Support: 1.3622
These zones represent liquidity reaction areas.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute financial advice.
Always apply proper risk management and trade based on your own strategy.
#USDCAD #ForexTrading #PriceAction #TrendlineBreak #SupportAndResistance #IntradayTrading #ForexAnalysis #TradingView #SmartMoneyConcepts
If you find this analysis helpful: 👍 Like the idea
💬 Comment your bias (Buy or Sell?)
⭐ Follow for more high-probability setups
Charts Don’t Lie — Traders Don’t Quit. 📈
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✏️Text Me @ telegram.me/kabhidhan
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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.
✅Free Telegram Channel: telegram.me/kabhifx
✏️Text Me @ telegram.me/kabhidhan
✏️Text Me @ telegram.me/kabhidhan
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.
