We have the head and shoulders pattern on the 1hr TF on the cad/chf chart. This can be our guide to going long. If you look closely at the price action, you can see that we have the first higher high on the chart, as well as a breakout of the counter trend line. The weekly candle also suggests bullish momentum, but the daily candle suggests indecision, so maybe we could get some deeper retracement (maybe to the harmonic price with the right shoulder), but as you know, the market can do what it wants, so the bulls can start immediately dominate the market. Anything can happen, so managing your risk properly, that is the key.