USDCAD monthly time frame,relatively strong setup

USDCAD formed a relatively strong setup.Chances are price is going to go down at least until 1.160000 where is our take profit of two position and the last take profit would be at 1.060000 which would be like more than 1:6 risk : reward.The setup is nearly 80% accurate depending on my judges.
Could be wrong as well as this is not the best setup.