Forex Signals: USDCAD Long Trade

Here I present a Long Trade on the USDCAD, which is currently still open. I sent this trade within my Forex signals to my subscribers. In the following, I will discuss the reasons for this trade and show where my take-profits and stop-loss were set. We start with the 4h-Chart.
The chart shows a trendline (dark green), which has often been respected in the past. A few days ago (25.05.2017) the trendline was tested. However, the course could not break down this area and ran up to the area I used as take-profit 2. The first increase of the price after touching the trendline was the signal to me that many buyers are coming into the market. I just waited for a return to get a better  price. When the USDCAD once again approached the trendline and showed a reaction again, I had my confirmation and I opened a position. On the chart, you can see that my stop-loss was initially below the last significant low point.
The first take-profit was already reached and my stop-loss is placed on Breakeven now. As an important election in the UK takes place tomorrow, I will close another position just before the second take-profit to reduce the risk and save some money. Another reason for the long trade was the current situation of the USDCAD. We are still in an uptrend, as the following Daily-Chart shows.