price has found current support at the hourly 78.6 fib level, which means I am expecting a double top, or something close to it. thus, should price break above the wpp, I will look for a buy entry, as indicated by arrow up on my chart. if that is the case, I will then look for a sell entry around the wm3 area, as indicated by my arrow down tick symbol.

Should price however break the 78.6 fibzone, I will look for a sell entry around the wpp area. as indicated around by my charts down arrow.

It is important to note that we have come to and bounced off of strong daily resistance, as shown by the arrow downs, on my daily chart.

Furthermore, oil prices this week so far have been moving up, so cad strength is expected.

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