I like what I am seeing on the USDCAD at the moment. While I am bias to the short side long term I wont be thinking too much about it until this large channel and broken and retested, only at that time would I put anymore shorts on the board. However we could see another leg up the channel. Basically the set up would be focused on price action moving us below the channel and then waiting for a nice channel retest to attempt a short. At that time we also have the ability to have the best Risk vs Reward available.