The target on chart is a time at mode uptrend target, we can expect to rally rapidly towards it once the pair breaks up since EURUSD is acting strong and oil topping...even if USDCAD is to stall or retrace, odds of a rally are considerable.
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Link to Tim West's chatroom: https://www.tradingview.com/chat/#c8BzrhGRvXxGXWnJ
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Standing aside and reducing risk/widening stops is the best way to go if swing trading.