CAD/CHF Consolidated in Symmetrical Triangle After Rally
November 11, 2018 by
The Canadian dollar has formed a symmetrical triangle pattern versus the Swiss franc, which is especially visible on daily timeframe. The pattern follows an upswing and suggests a continuation of the bullish trend in case of a topside breakout.
The borders of the triangle are marked with the yellow lines on the image below. My potential entry level is marked with the cyan line, which is placed at 10% of the triangle’s base width above the upper border. My
I have built this chart using the ChannelPattern script. You can download my MetaTrader 4 chart template for this CAD/CHF pattern. You can trade it using my free Chart Pattern Helper EA.
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