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Apr 1, 2016 3:58 AM

CADCHF forming bearflag/wedge Short

Canadian Dollar/Swiss FrancFXCM

Description

This pair is in a downward movement since last year, if this trend continues the market can be near another sell off area due to a bear flag/wedge forming. Two green lines represent possible trend lines it could follow based on current price action. Likely this can take several weeks to form, so I'll be following it's movements in the mean time.

Comments or idea's, please do post them.

Thanks for reading!
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