USDCAD Time for a LONG

FX:USDCAD   U.S. Dollar / Canadian Dollar
49 1 0
Moving averages on higher timeframes showing overall trend is Bullish .
Price currently in an ascending channel .
Price has bounced at 1.3000 weekly Support forming a Bullish Engulfing pattern.
Possible formation of new structure Higher Low, New Higher High expected.
Tight stop 2.8RR
Target Achieved.
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