All CAD pairs are temporarily weakening before full strength reappears to drop most of their major pair. For this one in particular, I'm entering straight upon market open ONLY IF price open with a gap down.
Usually, a currency moves so extensively before market close there will be a gap upon market opens. I'm expecting a gap down but the price will temporarily go up to complete its structure before we enter the trade to the downside.
The structure is broken for one more down before bigger structure takes over to the upside. Price failed to rebound on both 0.618 fib extension of both mid and long-term structure signaling bearish momentum.