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CADCHF, SHORT
CAD/CHF
Short
CADCHF, SHORT
By ktlfx
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Apr 10, 2023
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Apr 10, 2023
Price action has developed a larger descending channel on the HTF which in nature is considered a reversal pattern.
Looking at the LTF we can see price impulsively reversed from the upper boundary moving correctively to retest the top of channel again.
Wait to see if we get a bearish confirmation for a sell opportunity.
Thanks
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Beyond Technical Analysis
beyondtechnicalanalysis
Descending Channel
fundamentalanalsysis
impulseandcorrection
Multiple Time Frame Analysis
multitimeframeanalysis
Parallel Channel
riskmanagment
trendanalyisis
ktlfx
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