The Double bottom here on this pair is a little more rough then I would normally like to see but I like the response and the way that it is headed towards a .618 retracement. I have not shown stops and risk reward but stops can go above the high point in between the peaks and by looking left you could have an earner up to 70 pips.
Looking at the USD/CAD chart there is a lot of action. Another trade has presented itself with another good swing. I feel that when the pattern complete it will trade sideways a little before it drops off the edge of the cliff to test prior lows. Again almost a 4 to 1 risk reward. A clean trade in my opinion