bearish bat on audcad

we have an interesting bat on audcad. divergence is forming, X point is on a resistance and we have convergence of 1,27ab=cd, 1,618 bc and D point 88,6XA

STOP LOSSS: 30 point above X point.
TP1: 38% fibo ov AD LEG
TP2: 61% FIBO OF AD LEG