Canadian Dollar/Swiss Franc

CADCHF Sell Setup!

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Hello everyone, if you like the idea, do not forget to support with a like and follow.

on DAILY: CADCHF is sitting around a strong resistance (and round number 0.700) in blue so we will be looking for sell setups on lower timeframes.

on H1: CADCHF formed a valid channel in red.

Trigger: Waiting for a momentum candle close below the gray area to sell.

If the price forms a new blue dot around our lower red trendline, then we will update our trigger swing.

NB: Until the sell is activated, this one would be overall bullish.

Good luck!

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