USDCAD Bearish White Swan And Minor Retracement

Let's start with a quotation:

"Fibonacci posed the following question:

If a pair of rabbits is placed in an enclosed area, how many rabbits will be born there if we assume that every month a pair of rabbits produces another pair, and that rabbits begin to bear young two months after their birth?
This apparently innocent little question has as an answer a certain sequence of numbers, known now as the Fibonacci sequence, which has turned out to be one of the most interesting ever written down. It has been rediscovered in an astonishing variety of forms, in branches of mathematics way beyond simple arithmetic. Its method of development has led to far-reaching applications in mathematics and computer science.
But even more fascinating is the surprising appearance of Fibonacci numbers, and their relative ratios, in arenas far removed from the logical structure of mathematics: in Nature and in Art, in classical theories of beauty and proportion. "

So Fibonacci "theorem" can be applied to all part of the universe.

In economics, it is one of the most commonly used ways of technical analysis.

But, analysts, apply the ratios to the price of the instrument. I use those ratios to identify the reversal patterns.

Apart from applying these ratios to price, there are other methods. I like to apply those ratios to Cycles.

https://prnt.sc/twcdcf