USDCAD - 4H - Uptrend - BUY SET UPUS Dollar/Canadian DollarFX:USDCADonelinkFXUSDCAD Trend Analysis Strong bullish uptrend (higher highs & higher lows). Current price is pulling back after hitting short-term resistance near 1.4140 – 1.4160. Stochastic is overbought and crossing downward → confirms pullback is beginning. So we do not buy at the top. We wait for price to retrace to support and then buy the dip. Key Levels to Watch Price Zone/ Purpose 1.4140 – 1.4160 / Immediate resistance (where price rejected) 1.4030 – 1.4050 / Buy Zone (previous breakout & demand zone) 1.3920 / Major support (next demand area) ✅ Primary Trade Setup (Best Probability) We buy the pullback into demand. BUY LIMIT: 1.4030 – 1.4050 STOP LOSS: 1.3980 TAKE PROFIT 1: 1.4140 TAKE PROFIT 2: 1.4180 – 1.4200 Why This Setup is Strong Trend = Bullish → We buy dips, not tops. The 1.4030–1.4050 level was previous resistance, now becomes support → high probability retest zone. SL is placed safely below structure → avoids stop hunts. RR is clean 1:2 – 1:3. Professional entry. Controlled risk. High probability continuation. Optional Scalp Opportunity (Aggressive Traders) If price drops deeper: BUY AGAIN: 1.3920 SL: 1.3870 TP1: 1.4000 TP2: 1.4140 But the first setup above is the main trade.