CADCHF Potential Sell Setup on H4

CADCHF is trading near a horizontal resistance and has recently entered into a consolidation, forming a bearish wedge pattern. This is a continuation pattern, and the price seems to be breaking out to the downside.

Further to the upside, the longer-term trendline could provide strong selling power.

Like our charts? Please hit the "Like" button and feel free to join our Telegram channel -> t.me/CommaFX