EURCAD down

It seems to be approaching a Weekly high. Its in down trend. Look for consolidation on hourly and then a break of structure - lower low. Best to be observing on 15min/hourly. Then look out for reversal pattern formation. Look out for pins and engulfing around 8 pm or 7 am. Don't enter on first engulfment. A stop order can be set on the high aiming for one bar stop.