Price action on 1D stuck below a zone and 50 EMA
There is also a double top on the 1H
Wait for a short signal (e.g. bearish Pin Bar) on the 1H as per the chart.
1st target on the 1H zone (minor level), 2nd target on the next level from the 1D chart
Picture showing the 1D and 1H side by side: ...
Double top formation on 1D
Price action below the 200 EMA
Looking at taking the short on the 4H with target on the 4H zone which is also a Fib 50 level
Following link shows the 1D and 4H side by side:
USDCAD Price action stuck under the Fib 50 level
Fib 38 level provides strong support, there's also confluence with 50 EMA
Wait for price to retrace to the Fib 38 level and look for a Long signal (e.g. pin bar) on the lower timeframes (1H or 4H)