Buy from support or break above trendline

Hello Traders ,

CADCHF is retesting bottom of range and may find support at descending trendline below price , also we can see that current upside may be capped by descending trendline above price ,

This setup may also be considered as falling wedge pattern which is potentially bullish , therefore we will be looking to buy CADCHF from bottom of range on test of trendline , or we can buy in case of break above falling wedge pattern.

In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan .

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