200 + pip move up in 14 days, with little exhaustion.
Broken through all major supports and now approaching weekly zone for a break and retest of key level.
RSI also diverging on H4, expect USD to begin a pullback before continuation of uptrend.
3 TPS 20,40,60
SL 15 pips
Required win rate with current R to stay profitable: 44%
Starting from the weekly, USDCAD has been in overall uptrend with strong bullish rallies equally followed clean sell-off periods.
-Average bullish rally on the weekly TF is 820 pips.
-Currently in wave C > D on the 5 Elliot wave count. Wave move upwards.
Longer Term Bullish Bias:
USDCAD only completed 350pips of average bullish rally.