It seems that the Canadian Dollar/Swiss Franc is currently making a double top pattern.
Since the slope of the price approaching the neckline at the Top 2 is more significant than Top 1, as well as the divergence between the two tops, I predict that the neckline will be broken, and the Canadian Dollar/Swiss Franc will go down to the support zone and target of โโthe pattern.
It is better to look for confirmation of a valid break of the neckline in lower time frames.
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Canadian Dollar/Swiss Franc (CADCHF) Timeframe 1Hโฐ.
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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