Current pair approaching 5 year high and likely to see reversal at the end of a symmetrical triangle pattern
The price has bounced off key support at around 1.193 a number of times and may be breaking towards the 1.21 level which the higher-high trend would suggest. 200EMA has this trending upwards which is another positive sign.
Possible short breakout opportunity on CAD/CHF. I believe this is at the end of a Bearish ABCD pattern and the Profit Accumulator indicator is showing a possible short breakout. Trend indicators are supporting that move. SL - 0.69330 TP1 - 0.68888 TP2 - 0.68768
Possible long on XAU/USD (1hr) using Profit Accumulator indicators SL: 1924 TP1: 1966 TP2: 1990