EUR/CAD Reversing - Short Opportunity

CAD/CHF has formed a channel since August. Currently the price is in an area of potential short-term reversal towards the lower trend line.

We want to make sure that the price is actually bouncing off the trend line , so wait for a 4H candle to close below the confirmation line before entering the trade.

Consider the Target line as a potential profit target. It's placed at the point where the price last touched the lower tend line of the channel.