CADCHF: Structure Short With Confirmation ๐จ๐ฆ๐จ๐ญ
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CADCHF reached a peculiar confluence zone. We see a perfect match between a horizontal daily structure resistance, 618/05 retracements of the last two bearish impulses.
As a confirmation, I spotted a double top formation on hourly time frame with a neckline breakout.
Now the pair will go lower.
Goals: 0.7265 0.725
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