EUR/CAD – Cup & Handle Setup (30M)EUR/CADOANDA:EURCADAsif_Iqbal_chaudharyA potential cup and handle structure is forming after a rounded bottom, suggesting a continuation bias to the upside. Price has completed the cup and is currently consolidating in a downward-sloping channel, forming the handle just below key resistance. Bullish Scenario: A confirmed breakout above 1.6230 – 1.6245 resistance with strong momentum could trigger continuation toward 1.6280 and potentially 1.6290+. Key Confluence: Clean rounded base (cup formation) Healthy pullback forming the handle RSI holding above the midline, supporting bullish strength Invalidation: The setup becomes invalid if price breaks and closes below 1.6180, signaling a potential shift in structure and deeper downside. Note: Wait for a confirmed breakout (strong candle close + volume) to avoid false breakouts. 👉 If you like this setup, feel free to share it, and don’t forget to share your own analysis as well.