ForceFollower
Short

CADCHF At the top of a rally?

FX:CADCHF   Canadian Dollar/Swiss Franc
62 0 3
As the current counter-trend rally starts showing signs of exhaustion, some form of trend resumption seems likely to enfold. Just below the switchback resistance, with a target perceived as a retest of the upper median line parallel. For the safety, before you enter you may want to wait for the dashed bull trend line to be broken. If it fails though, price will probably continue upwards within the grey fork, heading for its upper median line parallel.
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