USDCAD shows Price Actions that respects the Psychological Levels. I can see that it is showing Strong Selling Momentum as it keeps on breaking 1H Swing Lows. I would wait for the price to retrace near my plotted Supply Areas then Go to the lower Timeframe to finally Plot an entry.
BTCUSD looks so bearish from WEEKLY TO 4H TF PERSPECTIVE. WYCKOFF THEORY SUGGESTS that the first stage looks like accumulation, but on the later parts as the consolidation continues, it slowly formed the stage where "RE-Distribution" was printed. This also gives the confluence from the liquidity Build Up from the Support Area, Near Weekly Major Support.
wait for the pullback and wait on how the market reacts to the red boxed zone
Looking for a retest on the 0.38 Fibbo golden zone, and a possible left shoulder the possible inverted shoulder pattern. If this Zone is broken and prints below 0.23 fibbo level, i change my bias to short.
I am expecting the price to go up the 3.61 and/or to 4.23 Fibbo extention level