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TB305

LONG ON USD/CAD

Long
U.S. Dollar / Canadian Dollar (FOREXCOM:USDCAD)  
TB305  
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Parallel Channel Wedge Support and Resistance USDCAD usdcadlong LONG rising dollar
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parallelchannel wedgepattern supportandresistance usdcad usdcadlong long rising dollar
Price has created a rising channel where the candles have respected the support trendline as well as the horizontal support line. (confluence)
Price is also starting to form a morning star at support.
The DXY is also gaining strength.

Here is the play I will be taking on this pair:
Entry = 1.35700
Stop Loss = 1.35400
Take Profit = 1.37000
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