USDCAD – Multi-Timeframe Conflict | Bearish Pressure BuildingUSD/CADOANDA:USDCADChoughleTimeframe: 4H (Top-down: Weekly + Daily) Bias: Bearish below resistance Weekly Outlook USDCAD has formed a Head & Shoulders pattern A key trendline (July 2023 → Dec 2025 lows) has been broken However, price is still hovering near the same zone → no strong continuation yet Indicates weakness but lack of momentum Daily Perspective Price formed a Double Bottom But still struggling below neckline resistance Buyers are present, but not strong enough for breakout 4H Execution Price is reacting at a major resistance zone (~1.3730 – 1.3760) RSI showing bearish divergence Rejection + consolidation under resistance Trade Idea Sell Zone: 1.3725 – 1.3750 Stop Loss: Above 1.3760 / recent highs Target 1: 1.3600 Target 2: 1.3500 – 1.3520 This is a classic multi-timeframe conflict setup: Higher timeframe → bearish Lower timeframe → weak bullish attempt As long as price remains below resistance, probability favors downside continuation.