Technician

USDCAD: Simple Short-term Long

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Update: I cancelled this trade, entry outdated.

Simple Long following strong rejection and trend line break. Overall trend remains bullish as well.

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Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losses is a main part of the game
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