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TradingTrumpeteer
Dec 18, 2018 6:16 PM

Massive Pennant Forming on the Weekly! 

Canadian Dollar / Swiss FrancFOREX.com

Description

After the recent ascending triangle break (visible on the daily) that caused a daily trend reversal, the CAD/CHF is getting closer to a potentially massive movement. When the pennant will be broken is hard to speculate, but know that within a year, many good trade opportunities will start appearing!

Comment

The pennant bottom has been broken and with a lot of momentum. Hopefully y'all got a nice short over the holidays!
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