USDCAD - Bullish

It has printed prominent HH and HL after divergence at the last LL. It has also formed the bullish flag pattern which further confirms that the bulls are in control. We are aiming to enter by placing buy stop order just at the breakout of the last HH (or the flagpole). SL is set just below the last HL with TP set at 1:1 R/R ratio. TP2 can also be set at 2:1 R/R ratio, and can be moved to breakeven after securing TP1.