Possible #Loonie buy position at 1.2540 $USD $CAD #forex

Since end of Jan 2015 USDCAD is in side way range between 1.28 and 1.235. We left the 1.23 area and I think it's time to long that pair. A possible flag formation is visible.
my Entry 1.245
TP 1.283
SL 1.2339