USDCAD 240M Bearish Cypher

FX:USDCAD   U.S. Dollar / Canadian Dollar
Within a bearish channel a bearish cypher formation completes up at 1.2877
Not only does the pattern complete at a level of structure as marked by the arrows but it is also touching the upper channel trendline , a nice point of confluence. Potential targets using fibs or structure.
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