Selling opportunity for USDCAD

Let's see if the price would continue to charge up towards 1.33 price level before breaking down.

Note that if you sell now before the breakdown, you need to prepare a much wider SL to cushion and be patient enough to hold out longer.

Be patient and wait. There is again no guarantee that price action MUST retreat from 1.33 (we are merely basing on historical pattern) and breaks down. It could go up higher by a 100 or 200 pips before coming down, like in Jun and Sept this year.

Be patient and wait for the tide before going out and surf!