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Youshouldbetrading

USDCAD FINAL DESTINATIONNot much to say here!!! check out the linked (related idea) for a full overview of this trade and why its time to buy now. But basically, based on my last analysis for USDCAD the price broke the 1.3150 supply just like I had projected, went all the way up to around 1.3250, 100pips away from our final target, and came backdown to our 1.3150 (now) demand zone to retest, in confluence with a 50.0/61.8 retrace before heading back up to our final destination at 1.3350. SL @1.3110 (-40pip) TP @1.3340 (+185pip) Risk/Reward Ration = 4.64 win almost 5x what you are risking. Great trade setup! TRADE AT YOUR OWN RISK I AM NOT YOUR FINANCIAL ADVISOR. USE PROPER RISK MANAGEMENT! GOOD LUCK! ;)
Long
by TrueGoatTrading