USDCAD look at the 0.618 Fibonacci 🦐

USDCAD on the 4h chart is creating a series of higher highs higher lows.
The price couldn't create new highs in the day of yesterday and we can see a form of H&S pattern that could lead to a short term inversion.

How can i approach this scenario?

I will wait for a break of the support for a short term correction and look for a possible short order according to the Plancton's strategy rules.

Feragatname