So taking a look at the USDCAD right now after some banter on the chat :)
My lines represent where I suggest you short or PUT the asset.
For binary its all about 15-60 minute expiration.
For FX its all about adding more points on for each new line crossed.
See the predicted potential drop off zone, potentially a huge amount of unsupported price there. Plus check out the predicted FIB lines that we are now in the middle of. Pretty simple stuff really.
Due to the data set to hit the market shortly, July 4th next week along with the NFP....My thoughts are simple - SHORT THE BITCH! ;)