USDCAD Long Trade Setup 071020 (Entry)

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I posted my Multi-Timeframe chart analysis on this pair awhile ago. This is our detailed entry.
We have two options;
1) Enter the long position immidiately after the breakout, Be sure that the 4 hour candle closed atleast 10 pips above the trendline level.
2) Wait for the price retracement after the breakout

TP and SL is shown on the picture

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