VasilyTrader

CADCHF: Structure Short With Confirmation 🇨🇦🇨🇭

Short
VasilyTrader Updated   
FOREXCOM:CADCHF   Canadian Dollar / Swiss Franc

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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Comment:
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