USD/CAD 4H: Watching for a Potential Bounce Setup

Wait 5 sec.

USD/CAD 4H: Watching for a Potential Bounce SetupUS Dollar/Canadian DollarFX:USDCADdarlwrightGood morning, On the 4-hour chart, USDCAD looks like it could be setting up for a textbook move — price is pulling back toward the uptrend line and approaching a strong support zone. If price action reaches that confluence area and shows rejection, we could see a magical bounce upward that continues the existing uptrend. Once structure confirms, we’ll drop down to the 1H and 15M charts to look for VMS signals and entry triggers — volume over 85, momentum aligning, and a clean engulfing candle. Patience is key. The structure will tell us when it’s ready. #USDCAD #VMS #ForexAcademy #ForexTrading #TrendlineBounce #StructureFirst #AlignedExecution