CADCHF IMPORTANT LEVEL
CADCHF reached a very important level!
Pair currenctly hitting support line valid from 2010
Blue line shows important structure, quadriple top formation since mid-2016
Likely to go down, might be good short, but careful, OIL has been in an upward trend for the previous days, thus CAD increasing in the short term
Wait for confirmation, if support broken, could be a good long (not very likely imo)
Good luck!
Pair currenctly hitting support line valid from 2010
Blue line shows important structure, quadriple top formation since mid-2016
Likely to go down, might be good short, but careful, OIL has been in an upward trend for the previous days, thus CAD increasing in the short term
Wait for confirmation, if support broken, could be a good long (not very likely imo)
Good luck!
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