Cenotaph
Long

USDCAD buy at break out of pennant

FX:USDCAD   U.S. Dollar / Canadian Dollar
General trend looks to be bullish , as indicated by the pitchfork drawn at the bottom. At this moment price action is forming a pennant and I'm expecting a break of this pennant to resume the up trend.

If it does, place a buy stop above the high and look for a TP around the 0.5 Fib level.
Order cancelled: Obviously no breakout here.

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