USDCAD – Multi-Timeframe Analysis: 1W Ascending Triangle & 4H DeUSD/CADOANDA:USDCADAreh-NarHello traders, 1. Macro Structure (1W Timeframe): Zooming out to the weekly chart, USDCAD continues to respect a massive Ascending Triangle pattern formed since 2016. Price is currently less than 3% away from testing the major multi-year resistance level (~1.4500) for the 4th time. Due to the immense amount of Buy-Side Liquidity (BSL) accumulated above these historic high touchpoints, a high-momentum breakout is anticipated once this ceiling is attacked. 2. Intraday Outlook (4H / 1H Timeframe): In alignment with the dominant bullish order flow, I am monitoring two high-probability demand zones (OB Bull) for long opportunities in the event of a deeper pullback before the expansion toward the weekly resistance: Scenario 1 (Shallow Retest): Price retraces into the first Bullish Order Block (1.41500 – 1.41800), reacting off the local order flow to continue making higher highs. Scenario 2 (Deep Discount Retest): A deeper liquidity sweep into the extreme Demand Zone (1.4080 – 1.4100), mitigating the lower FVG/OB before initiating the strong upward expansion toward the 1.4500 liquidity pool. Trade Execution Plan: I will wait for lower timeframe 15M/ 1HMarket Structure Shift (MSS) confirmation inside either demand zone before triggering long positions.