USDCAD BUY - STRUCTURAL TRADE

Updated
Trade based on the following:

- HH and HL formations
- Current market is on a Pivot Fibonacci level in which it could potentially serve as support
- Dollar Index shows signs of strengthening
- Pair seems like it's retraced and is awaiting an impulse/bullish move
Trade active
After being stopped out, I had re-entered.
Trade closed: target reached
Beyond Technical AnalysisbuysignalChart PatternsdollarindexDXYTrend Analysis

Disclaimer