USDCAD Bullish – Wait Pullback

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USDCAD Bullish – Wait PullbackUS Dollar / Canadian dollarCAPITALCOM:USDCADSergiu_SmartMoneyOverall context: Market shifted from bearish → bullish (confirmed CHoCH + BOS) Price broke above EMA 200 → bullish bias Strong displacement → institutional activity 🔍 What’s clear: ✔️ Structure shift confirmed ✔️ Strong impulsive move ✔️ New Higher High ✔️ Respecting demand zones on pullbacks 📈 Scenarios 🟢 Bullish (main scenario) As long as price holds above: 👉 1.3720 – 1.3680 zone Targets: 🎯 1.3920 liquidity 🎯 1.4000 major liquidity ➡️ Best entry: pullback into discount 🔴 Bearish (invalidation) If breaks: 👉 1.3680 Then: possible fake breakout range / distribution ⚠️ Key note Market is extended → don’t chase ➡️ Wait for retracement