An X wave correction to the already completed ABC fractal is what I see. Again, Fibonacci gives me some nice goals to consider, and we are correcting within a correction, which really means a temporary bullish sign. Goals in green, invalidation in red. Not financial advice, do your own research.
CAD weighted index, Daily on the left, we have the general bearish structure (impulse + flag, although its a flat top triangle, the general wick directions point for a massive bearish move)
Weekly on the right, shooting star closure
I do believe CAD is about to lose a very serious amount of strength, unless we close above the trendline +flat top triangle on a...
double topped , then broke higher lows , price should come to retest the higher lows which was support should become resistance as shown where the purple arrow is pointing too , the yellow box is your kill zone , sell in that area between the 50 and 61.8 fib , put SL above previous high , and target the 1.272 extension area.