as we can see here USD / CAD has been trending in sideways consolidation between the top and bottom level resistance levels. previously price was at the top resistance level and then came all the way down to the bottom main support level, where it tested and showed signs that it was not going to be breaking support and start to move downwards. price also broke up past a downward trend line, which shows that there should be momentum to the upside, finally with low stochastics and a low RSI, buy order was placed, hopefully, to maximise profits at the labelled level 1 and level 2 levels.