Buying up some Canadian Dollars

FX:USDCAD   U.S. Dollar / Canadian Dollar
Published a bit late, but this is a simple break of 4hr trend line . In addition to that, the 1.46 level is the 5th wave of a weekly chart. The monthly exposes some potential structural pressure. My main motivator to short USDCAD             is the reaction today when oil             dropped and USDCAD             had no follow through.

My last analysis on USDCAD:
Trade closed manually
Comment: Rentry opportunity
Trade active: short 140k @ 1.4320
Trade closed: target reached: I have closed my position. What a ride. I am now long Rubles instead of Cad
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