Leo-btm

CADCHF Market breakdown 17-11-2021

Short
OANDA:NZDCAD   NZD/CAD
CADCHF / 4H
CADCHF has started showing weakness by forming a Wychoff distribution on the 4H time frame.
We expect this pair to continue falling down.
If the channel doesn't respond, we might consider being short on higher levels that the price
might reach to fill some imbalances in the market.

Trade safe,
Trader Leo
Comment: Please note this is NZDCAD, it's not CADCHF