MujkanovicFX

CADCHF Potential Sell Setup on H4

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
CADCHF is trading near a horizontal resistance and has recently entered into a consolidation, forming a bearish wedge pattern. This is a continuation pattern, and the price seems to be breaking out to the downside.

Further to the upside, the longer-term trendline could provide strong selling power.

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