USDCAD Bullish Flag Pattern

Hi traders,

USDCAD is showing a classic bullish flag pattern, signaling that the uptrend is likely to continue! After a strong rally (the flagpole), the pair has entered a consolidation phase, forming a tight range between support and resistance. This setup is primed for a breakout to the upside.

💡 Key Levels:

TP1: 1.44960
TP2: 1.45706
TP3: 1.46614

Stop Loss: You can place your SL around 1.42831, just below the support level of the consolidation zone, to protect against false breakouts.

This is a high-potential setup with a great risk-to-reward ratio. Watch closely for the breakout, and let’s aim for those profits! 💰🚀

Trade smart, and good luck! 🔥