CAD/MXN Setup (4H Chart)

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CAD/MXN Setup (4H Chart)Canadian Dollar/Mexican PesoSAXO:CADMXNFm254Status: Active Trade Idea Bias: Bullish Reversl 📈 Trade Rationale: Price broke out of a descending trend and is now consolidating above a key support zone. Bullish engulfing candle on strong volume indicating potential reversal. Market is reacting to a previous demand zone + liquidity grab wick below structure. EMA is starting to flatten, possible trend shift. Expecting price to push toward the 13.5483 resistance level if Mondays returns to same support aftr a consolidation breakout