UC research - regular fakeouts?

FX:USDCAD   U.S. Dollar / Canadian Dollar
30 0
Seems to be a regular pattern of fake outs setting major trends on 4hr chart with USDCAD

note the highlighted areas forming a new high/testing highs, then a sharp reversal.

Current position also appears to be similar with 1.312 as a major support line

Will continue doing more research...
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