Cad/Chf is moving down but I believe we still need to break out of the Hour 1 Channel before we know for sure that the Reversal has truly happened.
If price breaks from the hour 1 channel down, a sell would be safe to enter but must watch out for minor support in the yellow zone below....
If price breaks from the hour 1 channel down, a sell would be safe to enter but must watch out for minor support in the yellow zone below....
Note
the reversal has now been confirmed and running in profits!!
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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.