Continuation Trade - Down :)

Hey Guys,

Weekend Prep going on here at my Desk in Germany.

Im Looking at all the CAD Pairs at the Moment, really promising.

SO WHAT DO WE HAVE HERE :

--> RSI OVERBOUGHT
--> Channel Resistance (red dotted)
--> Structure , check the left Side!
--> Downtrend! Looking for Continuation!
--> Fibonacci Extension move at 2.618!

Targets as in the Chart, T1 and T2.
If T1 reached, Trade to break even and try to get it to the T2 for the Resistance Area.
you COULD aswell look for Targets with the Fibonacci Retracment Tool! :)

Have fun Guys, Good luck and tell me what you think!

PS: I do not take responsibilty for any trades, just my ideas :)