BluFX
Long

$USDCAD LONG AT MARKET

FX:USDCAD   U.S. Dollar / Canadian Dollar
We're in a bullish market looking at price action on the daily. Price is trading back in the bullish channel from the key 1.2500 level. Possible ABCD pattern in development following a strong 90% fib retracement indicating a potential move up to 1.4000 key level. Taking off half of the position and rolling stops to break even at 1.3630, just below previous stucture support zone . Second half targeting 1.3820, just below the 61.8% fib retracement level of the bearish swing from 1.4700-1.2500. Trade responsibly, thanks for your support!

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