How confluence works together on the USDCAD

The current USD/CAD chart is a great example of how confluence works in trading.

• The 2-wave uptrend has been slowing >> RSI divergence
  
  
• Price made a triple top
  
  
• Above current price we see a resistance level and the 138 Fib
  

We are missing:

• Strong bearish momentum break
  
  
• The break of the moving average to the downside
  

Don't short just yet, but keep an eye and wait for the confirmed break lower.