CADCHF: WATCH The Breakout Trap ❗

By AlkalineFX
Buyers attempted to push price out of the descending trendline but failed at the breakout. The price has now sunk slightly to liquidate some of the buyer liquidity before it reverses and goes to sweep the seller liquidity. Potentially now giving the true breakout move, time will tell.
breakoutCADCHFcadchflongHarmonic PatternsTechnical IndicatorsparallelchannelssignalsproviderTrend Analysis
AlkalineFX

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