CADCHF: Bearish Setup Explained 🇨🇦🇨🇭

١٧ أكتوبر ٢٠٢٢

CADCHF reached a falling trend line on a daily last week.

Approaching that, the price formed a head and shoulders pattern on 1H time frame.
Its neckline was broken on Friday.

I believe that the pair will keep falling.
Goal for sellers - intraday rising trend line.

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