On the USD.CAD 4h chart we have a potential short opportunity at the D leg completion of a bearish Cypher Pattern
The price reversal zone on this pair is between 1.2875 & 1.2980 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Fibonacci Confluence: 78.60% & 1.414%
Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move. There is also opportunity to look for extended targets at around 1.2537 Stop loss would be placed above X leg structure resistance