USDCAD: Long entry after the breakoutHey traders,
On the USDCAD daily chart we can see that we have broken the blue structure bar earlier this week. I'm now looking for a retracement back to this area and enter from there. The target will be a completed AB=CD pattern, which lines up with previous structure on the daily timeframe.
Entry: 1.35773
Stop: 1.34902
Target: 1.37880 = R:RR 2.42
Good luck traders! I will be updating this chart as time progresses.
