Cadchf has broken the channel and it has already retested the trendline. On retest it show very good rejection. As it can be seen in the chart below:
THe second thing that gives me confidence about selling at this point is the head and shoulder formation which has been confirmed by the breakout of neckline and retest.
I have placed a sell here and I have my tp in the red box as it can be seen in thee first chart. Sl depends on you. FOLLOW AT YOUR OWN RISK