<< USDCAD >> Clearly Up for 7.08.2017 - 11.08.2017

Hello Traders I am happy about every kind of feedback ;)

USDCAD began to reach bullish movement with the new month (over 200 pips)
building new weekly and daily highs with a strong 0.50 and 0.618 Fib Support.

expecting to drop in the first 3 days of the new week and reaching new highs
at the end of the week so im prepared for a lot of movement after NFP-Friday.

Also expecting to follow the strong H4 blue Trendchannel after a bearish
movement for one move Elliot-Wave after strong bullish move.

Our stop is slight below 0.382 Fib of previous week movement and strong
Price-resistance Zone.

Thanks for your Feedback and Ideas improving my Tradingstyle.
Alan

Trade active:

Entry:
----> 1.25200 Buy limit
----> 1.25500 Running in Profit
----> 1.25800 Running in Profit
----> 1.26200 Buy Stop