Hi,
this is CADCHF as you can see it is developing a three touch pattern with possible double bottom all that is telling me a reversal to the upside is on it's way.
a closer look
please remember this is my analyses.
Kind Regards
See chart for illustration.
This is a follow up from earlier publication (see link below) as SHORT tendency keeps building up!
Lower time frame speculation shall come up soon as price action is been monitored
Cad/Chf is moving down but I believe we still need to break out of the Hour 1 Channel before we know for sure that the Reversal has truly happened.
If price breaks from the hour 1 channel down, a sell would be safe to enter but must watch out for minor support in the yellow zone below....
