@fxalexg

Alex Gonzalez · checked 18h ago

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USD/CAD — A Critical Decision Zone 📊 The setup isn't about predicting the next candle. It's about waiting for confirmation. USD/CAD has broken its 4H descending trendline and is now testing the 1.3890–1.3910 resistance zone. At the same time, price is respecting the larger 1D ascending trendline, creating a key higher-timeframe decision area. What I'm watching: • Resistance rejection • Possible H&S development • Lower-timeframe bearish confirmation • Reaction from the 1D trendline 🔴 Bearish scenario Rejection + bearish confirmation could open the way toward: 1.3800 → 1.3750 → 1.3700 🟢 Bullish scenario A clean 4H close above resistance followed by a successful retest would weaken the bearish thesis and favor further upside. ❌ Invalidation: Sustained acceptance above the resistance zone. No FOMO. No blind entries. No predictions. Mark the level → Wait for confirmation → Manage the risk. Good traders don't predict the market. They react to it. #USDCAD #ForexTrading #ForexAnalysis #PriceAction #TechnicalAnalysis #ForexTrader #TradingSetup #RiskManagement #TradingPsychology #DayTrading #CloudToCapital

Taken: 30 Aug 2026, 16:14:44
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pk: 3975247770789598920
Posted by: @ctcmarkets
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@mambafx(Anthony Alvarenga)@anishsinghthakur(Anish Singh Thakur)@fxalexg(Alex Gonzalez)@ca_rachanaranade(CA Rachana Phadke Ranade)@ants_analysis(Antonio Guidi)@cloudtocapital(Ashraf Ali | Tech & Trade)@traders.paradisee(Abhay Patil)

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