USDCAD is currently positioned in a range where stability favors cautious buying on dips and selling near resistance levels. A disciplined, risk-managed approach is essential, focusing on secure entries with clearly defined stop-losses and realistic profit targets.
Nice catch. 🎯 Now it’s all about holding and letting smart money guide us to our TP levels. Patience is key—price will flow where it needs to, and our setups are already aligned with the bigger market structure.
Mindset: Trust the process. Entries are done, now it’s about discipline and letting the market do the work.
Will be gettting into this trade if the hour finishes close but breaking my 25 EMA (Dark blue). I don't want it to close too far into the blue demand zone; if it does then there's a higher chance of a stronger push back.
Target for this sell would be 1.38000 Stop Loss : 1.38320
USDCAD Trade based on where UCad Daily candle will finish
My main bias is for price to continue up to at least 1.38530 with potential for 1.38700 if we get a momentum spike. If we get another respect of the 10EMA on the 1h then I’ll enter.
On the off chance price gains momentum down past 1.38150 then I’ll sell and target 1.37990
Top-down structure respected across HTF → MTF → LTF. Been riding last week’s bullish leg, now scaling in for continuation. Targeting 30M highs.
Playing it smart: waiting for smart money to sweep the courtyard, slash down, and mitigate my OB before taking another run. Patience + structure = the move. Let’s go.
Price just tapped the Target level before market close and eventually made it there again after market open.
Entry candle wasn't ideal and I didn't enter this trade because of it, but we'll try again tomorrow. If price doesn't just shoot up at London Open then we might have an entry to continue the move up.
USDCAD is currently positioned in a range where stability favors cautious buying on dips and selling near resistance levels. A disciplined, risk-managed approach is essential, focusing on secure entries with clearly defined stop-losses and realistic profit targets.
