CADCHF Look for Continuation Sell Setup

Hi traders:

Looking at CADCHF's price action for more sell potential.

Overall the latest price action is in a parallel channel type of structure, correcting move up.

Many corrections within this larger structure, giving it more confluence for a reversal.

We then see a lower time frame ascending style structure, and price impulse down hard from the top.

If we see a continuation correction here on the lower time frame, it would be an ideal entry, a
nd see if price has enough momentum to breakout of the larger structure, and continuation down to the lows.

Thank you

Komen: