USDCAD H4

Price is following a downtrend, making lower lows & highs. Price has made a correction to form a new lower high, retesting previous support structure as new resistance. A false breakout on the lower timeframe was made to the upside, forming a head of the potential head on shoulders formation being made here. From this region, I am anticipating for price to complete the bearish head on shoulders pattern, & also form a new potential lower low ..