MissEmma

USDCAD Long Idea

Long
MissEmma Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Confluences as annotated. I usually only target up to the -27% fib extension, but on the daily time frame we are within the third swing of the uptrend. The -27% fib extension target for the current daily swing is beyond the pink level of resistance, so extended my target in line with the daily trend.
Order cancelled:
Trailed stop to break even after H1 bearish engulfing candle. Stop hit.
Trade active:
Re-entered at 1.34106
Order cancelled:
Manual exit before CAD news at break even.
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