The USDCAD often rises when the EURUSD falls. Price is stretched away from the ma's Macd is stretched away from 0 level line Macd has crossed above red signal line which means possible bullish move Wait for price to get above current price action There is a previous and current fractal low creating a previous fractal breakout Buy stop @ 1.2633 Take Profit @ 1.2690 SL @ 1.2575
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Why will price go as high as my take profit There is a consolidation area to the left of take profit I added a fib and the 50% fib is close to take profit All of this creates a take profit zone so take profit somewhere there