So, there is a high probability to catch the trade again. Risk averse traders can join the trade by sell limit at the low of this week candle. FX:USDCAD
If Risk is too high for you .... wait for nice price action/ pattern formation in lower timeframes.
Reason for Trade Setup:
Price Action 5 Impulse wave almost complete. Possible Correction or in best case complete reversal.
Support from Divergence confirmations on multiple indicators.
SL - Close above this high.
TP - ATR(5), 2*ATR(5), remaining on chart.
Target 2 is still reachable.
Momentum is slowing down Update your Stops to Breakeven.
High Possibility that price will retests 1.3460 strong resistance area before hitting other targets.