Has Loonie further downside?

I shorted USDCAD this morning based on my mechanical trading strategy shown above. In addition it looks like we have a bear flag going on which has recently been broken but beware from a swing trading stance as it could be a fake break out. However, that wont bother those of you that use a mechanical system of some sort.

A friend of mine John M. who has an estate agent business managed to acquire his first good profit yesterday using a mechanical system so I would like to congratulate him. He has been trying and trying to get his trading up and running consistently and I think now he has managed to acomplish that so well done to you and good luck to you and Vasha. Remember, follow the rules.

Hope you all captured good profits yesterday as well.

Have a great weekend. I will update on Tuesday next week.

Good luck today and happy trading.