EURCAD is currently in an uptrend. 1.56000 is a daily resistance level . Wait for the candlestick to close above this level then utilize the breakout strategy on 4H time frame. Profit target should be placed on @ 1.56250 ( which is closes to a double top on the 4H time frame. 4H time frame also consists of three bullish candles which signals an uptrend.
My target profit was fulfilled on February 22