USDCAD Reversal trade?

Bearish: Currently we are @ 1.3219 in a range and after printing a head and shoulders reversal pattern. We are looking for a continuation initially to the 0.500 Fibo @ 1.3142 and then the bottom of the range @ 1.3000. Watch for the bounce there. The average daily true range (ATR) for the pair currently is 57 pips but its 180-day ATR is 71 pips a day.

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