Hello traders, after cadchf has made an extended downtrend we have seen some rejection at these lows and have made an inverse head and shoulders pattern. Price had a resistance zone at the neckline and has now broken above and retested old resistance now as new support, possibly see a bull run back upto the structure channel above in the following weeks. good look in the markets.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.