$USDCAD for long term bearish potential

Jul 3, 2018

WTICOUSD is in up move agresively. USDCAD is building beairsh Wolfwave formation. In 4hrs chart it shows a Sign of Weakness. So here is my trading plan, I will be looking for bearish pattern on 4hrs chart or lowers, but will also try to hedge with scalp long positions, until bearish formation being built on Daily chart. Any bearish trend on US dollar index will help the pair to run very fast on south direction.

I may look on AUDCAD for either counter my position on USDCAD or taking more position on CAD.