Nothing fancy about this chart just a simple double bottom on USDCAD. I noticed this last night when the market originally went overbought but my rules didn't allow me to place an aggressive order since there really isn't much major structure nor Fibonacci confluence. Therefore I was going to watch it closely for a retest with some RSI Divergence and see if I would get a chance to enter. If you read what I put under the "Morning Thoughts" section on the homepage then you'll see what kind of issues I had this morning, but long story short, price action had already moved to far for me to get involved at a price of my liking. Either way it still proves to be a good trading example and if I remember correctly there are some other ones setting up on a few other pairs on some longer term charts. 
My trading mentor Jason Stapleton of taught me the  most important goals in trading was not to go broke. With that goal constantly on my mind I am always looking for reasons to protect myself in the market. This chart represents a trade that I took on Tuesday maybe. I forgot my exact reasoning but I know it was valid since I got involved. I think it was and AB=CD at 2 Fibonacci points along with the obvious structure & RSI divergence that you can see in the chart. Anyway, back to the topic of protection. Last night I decided to check on this chart before going to bed and I saw that price action had broken and closed above the previous high. This pleased me because I was able to move my stops up from was initially around a 90pip stop to being a 50pip stop. When checking the charts again this morning I saw that another new high was created and was able to move my stops up again to what was break even for me putting me officially in the safe zone.  I call it the safe zone because at this point in this trade I can't lose money. Best case scenario, price keeps moving and I hit some profit targets. Worst case scenario, I get stopped out for break even and I avoid a losing trade. Either way it's free money i'm playing with now.  After about a year of trading I'm noticed that trade management and knowing how to correctly protect yourself in the market is probably more important than simply being able to identify trade opportunities. 
Here is a picture of a trade that I took yesterday. When zooming you you can see that a large  impulse leg was formed that hit a point of major structure support (from the past). It then retrace a little bit and came back down to re-test that same area. After seeing the RSI divergence on this trade I became the perfect opportunity to get a low risk entry. Low risk meaning that I would have a good risk/reward ratio (amount that I could gain compared to the amount that I could lose). After the market wiggled around a little bit I was able to move my stops up a bit to save myself from a bigger than necessary loss if the market decides to reverse. Trade management is just as import as spotting good trading opportunities.