The Global Currency Scalper has identified a possible Long trade on CADCHF.
We will be watching CADCHF for a breakout of this Triangle to the Downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this triangle pattern before initiating a position. Targets of 0.7000, 0.69850 and 0.69600.
If this pair breaks up through the upper trendline this signal will be null and void.