The USD/CAD D1 chart is actually not difficult to see that the uptrend remains strong. The Fibonacci backtest can also see that the price rose after hitting the 0.618 level and closed a long lower shadow, indicating that the trend has a high chance of continuing to rise.
The H1 chart shows that the price is supported at 1.37274. Using the Fibonacci backtest, we can also see that the price reversed after hitting the 0.786 level. At present, the price has successfully broken through the upper resistance level, and then you only need to wait for the price backtest to enter the market.
Entering the market at a low position is short.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.