USD/CAD short on Weekly M Pattern

١٥ يناير ٢٠٢٠

On weekly, I see a large "M" which means a continuation of a downtrend. Here I have 2 ideas, I will trade the retracement of the 3rd impulse wave downward in that M. I was watching 1.305 but we have since broke below adding to my confirmation of M pattern my next target is 1.29 which marks the completion of weekly m pattern