USDCAD is bullish after range breakout
Updated
After reaching Head and shoulders pattern target mentioned in the idea below, we can see a clear range breakout with high volume to tell that a new low could be formed and a new rising wave could be in process.
Trade: Buy USDCAD 1.2630
TP1 1.2730
TP2 1.2800
SL at 1.2520
Trade: Buy USDCAD 1.2630
TP1 1.2730
TP2 1.2800
SL at 1.2520
Note
First TP hit at 1.2730, +100 pips gained. you can book your profits here and move your SL to entry.Enjoy you risk-free ride :)
Trade closed: target reached
Second TP hit at 1.28, +170 pips gained.
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