USDCAD between channels , better to wait and watch the direction

USDCAD is in between Channels , if it breaks the RED lines so possibly we will see an Up trend till Purple zone But if it does not break the Red Lines so we will see a down move. So what I suggest here is to wait and watch the sitaution and enter in the trade after watching price action .

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Trade closed manually:

Just got 80+ pips with short term idea