USDCAD - A Sell and a Buy

Expecting initial decline down to 1.22 levels on breakdown of the descending triangle pattern. 1.22 falls in line with the larger bullish flag (potential) pattern, which should then give an upside target to 1.3016 followed by 1.339.

Combine with your own technical analysis and this could work out to be a nice longer term play. Either sell in the short term or buy the dip for the long term.