pejman_zwin

💵Canadian Dollar/Swiss Franc 💵 Analyze(Double Top Pattern)🗻🗻

Short
pejman_zwin Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc

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 ​​the pattern.

It is better to look for confirmation of a valid break of the neckline in lower time frames.

🔅Canadian Dollar/Swiss Franc (CADCHF) Timeframe 1H⏰.

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Trade closed: target reached

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