jojofang0901

CADCHF Reversal Coming, Watch for Sell Entry

Short
OANDA:CADCHF   CAD/CHF

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
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Comments

Excellent setup, thanks. 🚀🚀
+1 Reply
jojofang0901 financialflagship
@financialflagship, thank you my frd
Reply
My technical analysis shows that you are correct!
nice work
+1 Reply
jojofang0901 SignalProvider
@SignalProvider, great nice to hear :)
Reply
Very detailed chart with great explanation !
Thanks for sharing your exclusive analysis..

Really appreciate your output🙋🏼‍♂️
+1 Reply
jojofang0901 Helical_Trades
@Helical_Trades, greatly appreciated it thx
Reply
Great Job dear friend ! ! !
+1 Reply
@FOREXN1, thank you bud :)
Reply
waiting for this too, and a buy on USDCAD ;)
+1 Reply
jojofang0901 TheSignalyst
@TheSignalyst, great to hear :) do agree on USDCAD as well
+1 Reply
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