as we can see here on the USD/CAD chart, that the market was previously trending in a sideways direction between 2 strong support and resistance areas. within this range, the market has doubled topped on the top resistance level, meaning that it hasn't been strong enough to break through and will now usually go in the opposite way to find structure in new areas. at this point, the market has followed its pattern has now had strong momentum to the downside and broke past the bottom support level, in this area the market has been testing and consolidating under this level and is being rejected. due to the nature of this situation, we are now seeing the market moving back to the downside, so we have entered a sell to then hopefully see the market create structure at the downside and create new levels.