USDCAD Ascending channel pattern buy on consolidation breakout

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USDCAD Ascending channel pattern buy on consolidation breakoutUSD/CADOANDA:USDCADExpertTraderASKUSOIL Technical Outlook – 4H Timeframe USOIL continues to show strong downside momentum, with sellers maintaining control. Price is currently respecting the downtrend structure, and a consolidation breakdown below 59,100 is confirming further bearish pressure. 📉 Key Technical Levels: Immediate Support: 58,300 Next Major Support: 56,400 As always, ensure you are using proper risk management and wait for clear confirmations before entering any position. 👍 Like • Follow • Comment • Share Stay updated for more professional market insights.