CADCHF was in an uptrend for the past few weeks. It failed to cross the resistance at 0.66910 after touching it for the second time.
The CADCHF gave us a Head & Shoulder reversal pattern at our resistance zone showing us that sellers are in control. The uptrend was then broken preparing for sells. The breakout formed a flag continuation pattern confirming the sell opportunity in a technical view.
The CADCHF gave us a Head & Shoulder reversal pattern at our resistance zone showing us that sellers are in control. The uptrend was then broken preparing for sells. The breakout formed a flag continuation pattern confirming the sell opportunity in a technical view.