FX:CADCHF   Canadian Dollar/Swiss Franc
9 consecutive red candles,in the last 10 years this has only happened 4 times. 3 of those four proceeded to 10 consecutive red candles, 2 of those three proceeded to 11 consecutive red candles, 1 of those two proceeded to 12 consecutive red candles.

Price is sitting on a weekly trendline with 2 previous bounces, oil prices are on the rise, price has fallen since closing beneath the wedge with H+S formation.

Target 1 - 60 pips
Target 2 - 120 pips

Stop Loss - 30 pips

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