Looking at shorting USDCAD as the log term descending trendline looks likely to remain valid however i do expect it to break at this level to incite liquidity and before making the big move downward at the fib levels
I have identified two potential entry points using the long term fib levels, i expect the trendline to be breached but not made invalid before seeing the big move to the downside
Although i previously published a short for this pair a 150 pip move to the upside would be required first, here you have the setup for that