CADCHF 1H
Updated
We retraced from the quick double top, down to the 38 fib which is also a support/resistance line with numerous reactions. We also have a double bottom with a close above the said line. I think we can at least extend back up to the 38 extension line which would put price back at the double high from before.
Note
On a 5M chart I'd like to see this come down to test the descending trend line it just broke and then head upwards. It stalled at a minor resistance as drawn on the chart.
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