CADCHF two sides perspective
Main items we can see on the chart:
a) The price is below a descending trendline
b) Currently, the price broke with a bullish movement a descending structure
c) We can see a corrective pattern making a throwback on the descending structure
d) If the price breaks above the green arrow we will consider a confirmation for the bullish movement towards the descending trendline
e) If the price breaks below the red arrow, we will consider a confirmation for the bearish movement towards the next support zone
a) The price is below a descending trendline
b) Currently, the price broke with a bullish movement a descending structure
c) We can see a corrective pattern making a throwback on the descending structure
d) If the price breaks above the green arrow we will consider a confirmation for the bullish movement towards the descending trendline
e) If the price breaks below the red arrow, we will consider a confirmation for the bearish movement towards the next support zone
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