You heard it here first...go long at market, keep stops under the low, or give it some extra breathing room if you wish (like adding 1 atr below it). Oil has topped, and now it's the turn for USDCAD to move up again after hitting a weekly mode of the previous uptrend. Correction's over.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Link to Tim West's chatroom: tradingview.com/chat/ We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
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If you took the trade when I published...please, don't close it!
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As expected, no retracement yet. It can go for a couple more days.
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I'll post an update after today's close, in a new publication, to help traders manage the trade, long term.