JCDBTrades

Double Bottom Confirmed H4

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Double Bottom Pattern confirmed on H4 with a break of the Neckline. Wait for a retest of the neckline and bullish candle confirmation (engulfing) for entry. Target is around 150 - 165 pips based on the size of the pattern from neckline to base. I recommend going for the more conservative 140 - 150 pip count to make target more achievable.
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