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USDCAD Multi Timeframe Analysis

Good afternoon guys and girl, hope your all well.

Just a little update on USDCAD , I am still looking for a possible long trade on this pair, if I can get all my rules satisfied

Looking on the weekly Chart

You can see we have had a M formation pattern form, as you know from an M formation we expect the price to come test the neck line - highlighted with the black line

Looking at the daily chart

We can see price is starting to show us some bullish action - we have broken some previous structure and nice retest of this level and a candle confirmation reject will send me long with a nice risk to reward

I will keep you guys and girls updated