Late last week, USDCAD arrived at a confluence of a short-term 161.8% fib and 61.8% parallel of the 2019 channel at a maturing local wave count. In case the pair closes the week-open gap and then reverses back above 09'low "double top" level, an opportunity for trading a short-term correction/fake-out with a clear risk-reward arises. Be nimble.