EURCAD Sell Setup Is Ready Very Soon Don’t Miss It

According to the price condition now it is facing a very strong resistance that forms a celling to it right now and it created a downtrend line with 2 waves and now we are about to create the third wave.
If u used ur fib tool u will see that the price is near the 61% and 71% fib level that’s why i chose to put a sell limit order around 1.46750.
I also chose 50 pips to be my stop loss as if the price came above 78% fib level and closed with a daily candlestick it means for me that the price will continua rallying up and the downtrend will end. And for the take profit i prefered to take around 250 pips.
Hope u guys make good profits with me and if u entered with me are u agree write to me in the comments.