USDCAD H4 – Buy Setup on Support Channel with Attractive RR

USDCAD — H4 Timeframe
Titik Sona Community — 25 Sep 2025
Entry
1.38472
Stop Loss
1.38263
Take Profit
1.40195
Risk / Reward
~1 : 8.2
Validation Zone: H4 trendline support (around 1.3830–1.3850)
Reference chart: view charts on TradingView

Trading Ideas
Setup buy near the H4 support trendline with entry at 1.38472. The final target is at 1.40195. Stop loss at 1.38263 to limit the risk.

Technical Reasons
The price is in the support channel up H4.
The higher low structure is maintained.
Risk reward is very attractive (±1:8).
Confirmation of a bullish candle is required before a valid entry.
Entry & Position Management
Entry Strategy:
Entry buy around 1.3847 after the confirmation of the bullish candle.
The stop loss was placed below the trendline (1.3826).
The profit target is in the upper resistance channel (1.4019).
Position Management:
Optional TP scaling in minor resistance areas.
Once the price moves +40–50 pips, shift the SL to Break Even (BE).
Invalidation & Alternative Scenarios
Invalidation: if the H4 close is below 1.3820, the buy setup is canceled.
Bearish alternative: if the channel breakdown, the next target is 1.3750–1.3720.
Pre-Entry Checklist
Wait for the bullish confirmation candle.
Check high impact news (USD/CAD, Oil).
The maximum risk is 1–2% of the account.
Analyst: Titik Sona Community — 25 Sep 2025