USDCAD Long Trade Setup

Hello Traders

My forecast is an up impulse to the trendline for the completion of the correction. What we have after the last bottom can be a reversal pattern. That's why I've placed a pending order. The only issue I have here is the correction between the blue lines since it's a contracting flat. This means it can come down one more time for a regular flat and to be honest, one more drop is more probable. That's why when it takes me in, I'll move my SL under the small correction at the end to minimize my risk.

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Trade with care.
Bulent