Feeling Long on USDCAD

Price is literally in a 4 hour support zone and it broke out of its yearly downtrend in the month of Sept. Although it's falling again, there was a new higher high on the 4 hour time frame I don't think price will drop much lower. I se t a 50 pip stop loss to be safe on a smaller lot size as im still new to trading! Basically the previous low was broken but after that low was broken there was a new high so it should retest upwards at least 50%.

lmk your thoughts.

👨🏾‍💻TRADE IDEA 👩🏾‍💻(Buy USDCAD)
Type: Market Execution
Time Frame Marked up on: 1Hr -Daily


🥵Stop Loss: 1.31992

🥶Entry Zone: 1.32483-1.32634

Take Profits:

1. 👉🏾1.33059
2. 👉🏾1.33182
3. 👉🏾 1.33371

🔥Hot Zone🔥
👉🏾1.33568-1.34245

-Personal Trade

🏀Tips🏀

*Use proper risk management. Past profits does not guarantee future success!
*Don’t be greedy! Leave at least $10-$15 Free Margin so you won’t get kicked before your trade hits Stop Loss.
*Take advantage of twin trading!
*Trail your stop loss once you get 20 pips on profit!
*Be patient. Your trade will go red and blue. Trust in your markup.

*You won’t win every trade but continue to learn!