CAD/CHF
Short

CADCHF Watch for this sell setup

By jojofang0901

Hi traders:

Also keeping an eye on CADCHF's price action for the sell.

We can see a clear HTF double tops, and price moved up correctively in the ascending channel.

Sharp, LTF impulse phase broke down, and now is consolidating to form another correction.

I would wait for this LTF continuation correction to complete and look for sell opportunities down to the previous lows.

thank you
Chart PatternscorrectionFlagimpulseParallel ChannelpatterpriceactionstructureWedge
jojofang0901

Related publications

Disclaimer