Breakout of Wedge Coming Soon

Canadian Dollar/Swiss Franc (FX:CADCHF)

Updated

FX:CADCHF Canadian Dollar/Swiss Franc

chartpattern trendanalysis suppoerandresistance keylevels daytrade daytrading cadchf cad

Currently, price has the option of supporting or breaking through the counter trendline to determine which daily SR level it will go to. The overall move on the chart is bearish, but do not know how much longer this flag will go.

BEAR TPS/b]

0.74605
0.74422 if the counter TR is broken
0.74220
0.73982

BULL TPS:

0.74932
0.75180
0.75267

Comment:

BULL TP 1 HIT
Price is stalling currently above 4-hour zone so waitng on retest of area or pullback. Will enter trade from there.

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