USDCAD is bullish after range breakout

After reaching Head and shoulders pattern target mentioned in the idea below, we can see a clear range breakout with high volume to tell that a new low could be formed and a new rising wave could be in process.

Trade: Buy USDCAD 1.2630
TP1 1.2730
TP2 1.2800
SL at 1.2520

Commento:

First TP hit at 1.2730, +100 pips gained. you can book your profits here and move your SL to entry.

Enjoy you risk-free ride :)

Trade chiuso: obiettivo raggiunto:

Second TP hit at 1.28, +170 pips gained.