USDCAD -Bullish Flag Pattern

Woooo. Finally a break and close above the resistance and this confirms a bullish flag trading opportunity.
The Bullish Bat pattern was spotted on the Daily Chart as early as 8 Jun 2020, patience is required when you are trading on a higher timeframe.
When we are new in trading, often not we engage 1 trade and look for the next product to trade, in fact by focusing on the winning trade it is important.
There are Pros and Cons to it(like any other strategy)
Pros:
1. It keeps your focus to 1 pair, the grand trade
2. Engaging the next trading setup trading on the same direction as the first trade you engaged may put your new trade to be at low risk or no risk trading setup as your downside has been covered by the initial trade.

Cons:
1. If market reverse after you had engaged your new trade it can wipe out your profits and you aren't in any other positions.