USDCAD Bull flag

Updated
The USDCAD is making a corrective structure , buying the breakout looks like a good idea.
Cad has already moved quite a lot without any higher degree correction so trade this with care.
If is makes one more down move within the correction buying off the trend line might also be a good idea but with higher risk.

Trade with a tested strategy.
Thank you for your support.

Note
Why is this chart red? it did make the up move?
Elliott Wave

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