USDCAD: Daily, weekly and maybe soon, monthly downtrend

I shorted $USDCAD, stop at 1.341. I am following a daily signal that triggered today, but I'm interested in seeing if we get confirmation from the monthly timeframe. The 'Time at mode' signals in this chart have been really good, I will make a breakdown of them in the comments below.

Good luck,

Ivan Labrie.

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Daily has a downtrend failure, means that there won't be any trend for now, probably still choppy and sideways.
Only safe if you are trading shorter timeframes perhaps, but I'd rather not trade in these conditions.

I'm closing shop and waiting.

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