Bear Flag in a Down Channel offers sell setups
CADCHF has shown rejection from the top of a down channel as it looks to be flagging in a larger down trend.
Short setup while below upper channel line. Good setup from current levels with stops above the spike highs marked in the eclipse.
Alternatively wait for the bear flag channel to show a down side break for a more conservative setup.
Short setup while below upper channel line. Good setup from current levels with stops above the spike highs marked in the eclipse.
Alternatively wait for the bear flag channel to show a down side break for a more conservative setup.
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