CADCHF is in a channel which seems to be heading to more bullish direction,Price is at the time of writing at the channel support area and oversold on the 4HTF, Now, moving lower to 1HTF we can see that there is a possible formation of a DB pattern , moreover, there is a divergence on the hourly too, we can anticipate more bullishness from CADCHF But if we have a break of the trendline channel support then we can anticipate more bearishness.