USDCAD possible breakout ? double bottom

Hello everyone this is my idea for USDCAD on daily time frame ..

Few things to keep in mind
Price is in a downtrend since march as show in the chart ..
However price is testing a long term support as shown in the chart below on monthly time frame and it seems price is making a double bottom possible on daily time frame ..
same time RSI divergence still holding .. could make a pop for USD

Now our plan is to buy if conditions are met .. which can offer good R:R

We wanna buy if price make a daily candle close above orange line .. to target red line ( first target )
and target area above .. as long as no daily candle close below orange line which means orange line need to hold as support ..

We can buy again if red line breaks ( daily candle close above red line to target Area above as long as no daily candle close below red line or new support line )

We can buy now and stop loss below today daily candle .. to target orange line and above ..

another good indicator for our long .. in the RSI indicator if price breaks the black line

for any question feel free to ask :)