USDCAD - 6 to 1 Win vs Risk Trade - Long

Hello all - DuncanForex here with another trade idea

With USD seeing short term strength on Forex pairs (not metals)

On the 5 minute chart - it has just completed a butterfly pattern and therefore the trade is live

I am looking for a 5 to 1 with a wide stop and 10 to 1 with a tight stop on the 5 minute chart.

On the 4 hour chart - it printed an bullish engulfing candle on the 24th Oct indicating a reversal is imminent.

Thanks for looking a the trade idea.

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Safe trading

Duncan

Trade active:

here is the butterfly reversal pattern