The 2- hour chart of CAD/CHF is currently forming a head and shoulder pattern.
The right shoulder will also have an elongated formation.
Hence we expect the movement to be sideways until the neckline is broken and once broken it can attract strong selling pressure.
The right shoulder will also have an elongated formation.
Hence we expect the movement to be sideways until the neckline is broken and once broken it can attract strong selling pressure.
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Disclaimer
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.