USD/CAD

USDCAD - LONG. In my opinion we should be longing this pair.

Reasoning:
a) Bullish Pin Bar from support area
b) Bullish Engulfing candle formed not long after
c) FED interest rate decision "forecasted to hike" but as I live in Australia and data comes out at 4AM, I will keep a tight SL.

The trade might go south, but I will be satisfied with the reasoning I took the trade.


Lemme know what you think :)