there is a Daily high that is raid but price did not close above it so we need a deeper retrace to get power for up move. on the other hand there is a 4H level that been raid and closed below that. so the movement is Down then UP.

Stop loss is 10 Pip above the high. if you can manage your money well so can use 1.2730 for stoploss
arminamiridarbanBeyond Technical AnalysisHarmonic PatternsshortthenlongTrend AnalysisUSDCAD

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