USDCAD At the beginning of the uptrend, there is a Bullish Engulfing pattern, where a large green candle engulfs the previous red candle. This indicates strong buying pressure after the previous bearish phase, which then triggers a price increase above the moving average. There are several Pin Bars with long upper wicks, indicating rejection at the resistance level. If the price remains above the MA and forms a strong bullish candle, it is likely that the price will continue to rise towards the next resistance level around 1.4350 - 1.4360 and we can open a buy position.