usd/cad sell to tp1 and see what price is doing, breaking trend

10 May 2022USDCAD has the potential to decrease price once TP1 has been met. at the TP price, price will either break the upwards trend and decrease in value or bounce back and continue going up. all fib requirements have been met.

We have looked at the 4hr/Daily time frame to give wider perspective on what price is doing throughout support and resistance boundaries

I will be selling USD/CAD and closing my trade at TP1 and will analyse price behaviour after.