CADCHF DOWN TIMEBias Bearish
Fundamental
CHF going strong, and CAD is weakening slow
Price Action
Price rejected from H4 SR & Bearish TL. Price formed a rising wedge pattern. Price breakout of the wedge pattern.
Confluence:
Broken wedge pattern and SR level.
Setup
Short entry at H1 SR level.
SL 2x ATR(20)
TP next H4 Swing low below Daily SR level R:R 1:8 high trade management required