USDCAD broke out of downtrend channel or bull flag.
Waiting till it retests top of trendline it broke which aligns with support area as well as 50 fib level.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE after 20 pips in profit for risk free trade.
It is your choice to get in retracement trades as I only trade with the trend.
Waiting till it retests top of trendline it broke which aligns with support area as well as 50 fib level.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE after 20 pips in profit for risk free trade.
It is your choice to get in retracement trades as I only trade with the trend.