USDCAD Bullish Setup | Wait for Break of Structure Confirmation

USDCAD continues to trend bullish on the higher timeframe 💪. Recently, we’ve seen a healthy retracement, which could provide the groundwork for a potential trend continuation setup.

🔎 On the 30-minute chart, I’m watching closely for a bullish break of market structure followed by a retest of the current range. If that plays out, it could present a solid buy opportunity aligned with the higher-timeframe trend 📈.

⚖️ However, if price fails to break structure and confirm the setup, there’s no trade — patience is key here. We simply wait for the market to show its hand before acting.

⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice.