• Vasily Trader

CADCHF: Bearish Breakout & Bearish Continuation

CADCHF was steadily growing within a rising parallel channel .

The last 4H candle broke and closed below its support.

Within the channel, the price formed a descending triangle formation.

Its support was broken as well.

The price will most likely drop lower to 0.742 / 0.74 levels

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