EUR/CAD – Bullish Reversal After Divergence | 30Min Chart setup

After spotting a bullish divergence on the EUR/CAD 30-minute chart, the price action has confirmed our analysis — the chart has started forming Higher Highs (HHs) and Higher Lows (HLs), signaling the beginning of a bullish trend reversal.

Now that momentum has shifted, we’re preparing a bullish trade setup in line with the new trend.

Trade Setup Details:

Pair: EUR/CAD
Timeframe: 30 Min
Trend: Bullish
Entry (Buy Stop): 1.56598
Stop Loss (SL): 1.56007
Take Profit 1 (TP1): 1.57189 (1:1)
Take Profit 2 (TP2): 1.57780 (1:2)
Lot Size: 0.23

Risk/Reward:

Trade 1: Risk $100 / Reward $100 (1:1)
Trade 2: Risk $100 / Reward $200 (1:2)
Total Risk: $200
Total Potential Reward: $300

✅ Why This Setup?
✅ RSI Divergence: Signaled a potential reversal before price confirmed

✅ HHs and HLs: Clear market structure shift to bullish

✅ Buy Stop Entry: Waits for confirmation above resistance

✅ Smart Risk Management: Split reward target for flexibility

Hashtags:
#EURCAD #BullishTrend #RSIDivergence #ForexSignals #PriceAction #HHHL #TradingSetup #BuyStop #TrendReversal #ForexStrategy #TechnicalTrading #ChartAnalysis #TradingView