USDCAD is in a very strong uptrend on all time frames at the moment...

it has currently pulled back into my 50% retracement, trendline and at support

This looks like a clear risk defining area for me and hopefully for many traders

I will take a trade here and go with the trend instead of against it!

Stops will be 15pips below 100MA,and TP 1 at recent daily highs

What do you guys think?

-L
Chart PatternsSupport and ResistanceTrend Analysis

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