CAD/CHF
Short

CADCHF Watch for this sell setup

915

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

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.