CADCHF Reversal Coming, Watch for Sell Entry

13 May 2021

Hello traders:

Liking the price action on CADCHF for a bearish reversal.

We can see the overall price has manage to correct the price up in the ascending channel correction.

There is a double tops, "M" style correction reversal as well, and we see strong bearish breakdown from the price.

Last confirmation here is to wait for a LTF continuation correction to develop and complete to look for a sell down to the previous lows.

Thank you