Sensei

CADCHF HITTING WEEKLY TRENDLINE

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
Pretty large wedge pattern here that has been forming for nearly 5 years now. This is the fifth time that price action has interacted with this trend line (as I have outlined) and all previous times resulted in heavy selling. Expecting no different here. I'll be looking for bearish entries on lower time frames to ride out the incoming downtrend. Happy trading!
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