CADCHF: Bearish Breakout & Bearish Continuation 🇨🇦🇨🇭

Short

CAD/CHF (OANDA:CADCHF)

Updated

OANDA:CADCHF CAD/CHF

Chart Patterns Parallel Channel Triangle forecast priceaction trading trader swing

chartpattern parallelchannel triangle forecast priceaction trading trader swing

snapshot

CADCHF was steadily growing within a rising parallel channel.
The last 4H candle broke and closed below its support.

Within the channel, the price formed a descending triangle formation.
Its support was broken as well.

The price will most likely drop lower to 0.742 / 0.74 levels

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