USDCAD 15M Long | Engulfing Pattern

Candle Pattern: engulfing
Trend: up
Trend Entry: with

TP/SL Ratio Target: 1 to 1
Target TP PIPs: 16
SL PIPS: 16

Fib Entry: 1
Fib TP: 2
Stochastic: overbought
Inside EMA/SMA zone: no
BB: top band

Notes:

breaish engulfing to break the recent high, looking for a push to a new high
using stochastic overbought indication as indicator price will push even higher before rolling overbought

Comment:

profit target reached in 12 hours