on H1: USDCAD is forming a channel in red but the lower trendline is not valid yet, so we are waiting for a new swing low to form around it to consider it our trigger swing. (Projection in purple)
Trigger => Waiting for that swing to form and then sell after a momentum candle close below it (gray zone)
Meanwhile, until the buy is activated, USDCAD would be overall bullish can still trade lower inside the green resistance zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich