GBPCAD 240 Sell

From the daily chart we can see we have been rejected from a key level (blue line) and price has been crashing since. If I gauge the momentum I can it is increasing. Couple that with the GBP group taking a beating since the news yesterday and the CAD group strong across the board, there is nothing to make me think this will not continue. The only question is "Where do I get my seat?".

From the 240m chart we can see that we have broken an area of interest (orange line) with a skinny leg. This tells me there should be plenty of orders left sitting there if price retraces back to the 1.74387 handle (green line). So at this point I would like to see some struggling buyers show up and drift me to this line. If momentum on a smaller TF is fading when we get there, I will look to short this then. My 1st TP would be around the 1.73000 handle with 2nd TP at 1.72000 and re-evaluate at that point to see if momentum can carry me lower.