RT_Money

CADCHF Analysis: Going down?

Short
RT_Money Updated   
OANDA:CADCHF   CAD/CHF
CADCHF looks like it is setting up for a short. After a long macro downtrend, price finally found buyers in April. Now, after testing the Weekly bearish order block, price is working its way down again, making LLs and LHs. The current D1 candle is bullish, but this may be only the short term. I believe price will reach the 1H bearish OB, and continue the bearish momentum.
Comment:
Trade is invalid.
CAD too strong vs CHF.

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