Trade idea - USDCAD Long

4H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Buy limit.

Bullish Fake Out Flag pattern also there as extra evidence.

1.5% risk.

Aiming to take full profit at Daily TP.
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6M

Bullish M pattern potentially in play.

Clear support & resistance zone is there.

Also trading around the Highs, keep in mind.

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WEEKLY

Blue, bullish candles.

Market trading around Highs, keep in mind.

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DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

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Chart PatternsForexfxtradinglongsetuppatternspatternsandstructuresupply_and_demandSupport and ResistanceTechnical AnalysisTrend AnalysisUSDCADDJ FXCM Index

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