FX:USDCAD U.S. Dollar/Canadian Dollar
Trade active: the orders are triggered.
Trade closed: target reached: This one was a wonderful winner))
It depends on your trading plan. In my live trading room we usually take 61,8 retracement of the lowest close of A-point to D-point. I personally take 1,272 extension of XA. Taking 1,272 you generate more pips in the long run but you have only 3 winners out of 10. That's why I tell my student first master the 61,8 target. In this case the accuracy is about 50%.