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CAD/CHF
Short

CADCHF Reversal Coming, Watch for Sell Entry

1703

Hello traders:

Liking the price action on CADCHF for a bearish reversal.

We can see the overall price has manage to correct the price up in the ascending channel correction.

There is a double tops, "M" style correction reversal as well, and we see strong bearish breakdown from the price.

Last confirmation here is to wait for a LTF continuation correction to develop and complete to look for a sell down to the previous lows.

Thank you
jojofang0901
Also on:
Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge

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Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge
jojofang0901
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.