CADCHF: Structure Short With Confirmation 🇨🇦🇨🇭

Updated
snapshot

CADCHF reached a peculiar confluence zone.
We see a perfect match between a horizontal daily structure resistance,
618/05 retracements of the last two bearish impulses.

As a confirmation, I spotted a double top formation on hourly time frame with a neckline breakout.

Now the pair will go lower.

Goals:
0.7265
0.725

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Check my new idea on AUDCAD:
AUDCAD: Key Level & Bearish Continuation 🇦🇺🇨🇦
CADCHFDouble Top or BottomFibonacciforextradingfxsignalsfxtradingMultiple Time Frame Analysispriceactionpriceactionanalysis

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