Catching a possible bounce on the USDCAD

I am looking strictly at the daily chart right now for my entry and awaiting confirmation on the 4 hour chart. I see the USDCAD trading in a range and the potential bounce point happened already around $1.3731. After the last daily red candle is passed in the upward direction, I see an entry with a buy stop at $1.3783 and breaking $1.38 would be the next confirmation.

Looking forward to watching this trade develop as the New York market opens in the morning.

https://www.tradingview.com/chart/VgVWKZ6q/?symbol=FOREXCOM%3AUSDCAD