USDCAD - reasons to short

I have a couple of reasons to believe we can make some short-term profits by shorting this pair :

- Bearish Gartley completion
- Resistance level (blue line)
- Trendline
- RSI overbought
- consolidation over the last month at this price level

The opportunity presents itself with a very decent 2/1 reward/risk ratio for target 1 (.382 retracement) and 3/1 for target 2 (.618 retracement).

Question is however how long this consilidation is going to persist as on the daily chart we have a pennant or descending triangle forming and a breakout to both sides seems possible.

Good luck if you are trading this and may the pips be with you. As always, constructive comments are always welcome !