LONG on USD/CAD 12-26-21

USD/CAD currently is in a uptrend and has been since Oct.
It has bounced off the 38.2 Fibonacci level and is closely about to bounce off a uptrend line.

I am looking to get 300-400 pips off this move.

Here is the trade I will be taking on this pair:


ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.28455
STOP LOSS = 1.27643 - 81 PIPS / $8.10 LOSS
TAKE PROFIT = 1.31970 - 351 PIPS / $35.10 GAIN