BUYING USDCAD: ENTRY AT 786 FIB LEVEL

UC appears to be gaining bullish momentum after a 500 point run during today's Asian Session. DXY is bullish, CXY is also bullish but it looks to me that it has limited upside compared to DXY. USDCAD broke my mini-trend channel and is now seating above the 786 fib level. So I will split my entry in two, one at market price and another as a pending order at the 786 fib level should price retrace.
However, we have not broken above my trusted EMA200 and have not completed at least one 1,2,3 formation! So, this could totally fall apart :)

Trade geschlossen: Ziel wurde erreicht:

+63.5 pips