we can see that USDCAD is making potential bat pattern and it proves in structure level that it will decline at that level,target profit at fibo retracement 38,2 and 61,8
we can see that price closed below lower low of ranging trend,this may be indication for bearish trend,waiting to pullback to fib retracement 0.618 if you want to aggresive,if you want to trade in structure, you can wait until 0.764 fib retracement, and stop loss above higher high +10 pips, Target Profit at fib extention 1.618 or structure resistance