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LewisBWalsh

USDCAD Long idea for 560 pips

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
LewisBWalsh Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Harmonic Patterns LONG pips USDCAD Bullish Pennant breakouttrading Fibonacci Retracement
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trendanalysis chartpattern harmonicpatterns long pips usdcad bullishpennant breakouttrading fibonacciretracement
Bullish pennant formation.

Retracement within the flag to 50% measured on the daily chart & 4HR support on the recent low, price hit and pushed up with strength.
Break out on the 4HR chart of the pennant.

Entry on retest on 1hr chart.

SL @ 1.40064 (Just below the must recent swing low) 90 pips
TP1 @ 1.41844 89 pips
TP2 @ swing high @ 1.46722 480 pips

Overall Pip target of 560 pips.
Trade closed manually
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