Canadian Dollar/Swiss Franc was able to break the Trend lines and now is pulling back to them.
The structure of the pullback is a Rising wedge pattern.
Canadian Dollar/Swiss Franc bounced back from the upper line of the Rising wedge with the Bearish Engulfing candlestick pattern.
I expect the Canadian Dollar/Swiss Franc will go down at least until the support zone.
🔅Canadian Dollar/ Swiss Franc ( CADCHF ) Timeframe 8H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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