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USDCAD SHORT: Overbought market and channel

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
VasilyTrader Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis USD CAD USDCAD dollar canadiandollar short
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trendanalysis chartpattern waveanalysis forex trading technicalanalysis usd cad usdcad dollar canadiandollar short
snapshot

on 4h usdcad is approaching a resistance line of a rising channel
formation of head and shoulders pattern on 1H chart confirms the potential reverse and drop to channels support.
I have shorted the pair:
T1 - 1.324
T2 - 1.320
Comment:
Market has retraced from right shoulder
Trade closed: target reached:
T1 reached
Trade closed: target reached:
Both targets reached
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