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UnknownUnicorn769459

USDCAD LONG

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
UnknownUnicorn769459 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators USDCAD usdcadlong LONG 4h 4hr 4hour
6
0
trendanalysis indicator usdcad usdcadlong long 4h 4hr 4hour
USDCAD completed a 50% retrace. A continuation of its uptrend should be expected. Fractal resistance to support a continued downtrend is failing to form and band width is already approaching previous peaks. Enter now.

SL: 1.273
TP1: 1.3
TP2: 1.312

Comment:
Still in the green. This is an opportunity to add long or enter if you haven't already.
Comment:
May be forming a triple bottom. Stop not triggered yet.
Trade closed manually:
Closing out this trade now to protect profits. Currently, too uncertain.
Comment:
At least +67 pips.
Comment:
Interesting to note that TP1 ended up being hit. Significant profit was still earned, nonetheless.
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