CADCHF Sell Setup!
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on DAILY: CADCHF is sitting around a strong resistance (and round number 0.700) in blue so we will be looking for sell setups on lower timeframes.
on H1: CADCHF formed a valid channel in red.
Trigger: Waiting for a momentum candle close below the gray area to sell.
If the price forms a new blue dot around our lower red trendline, then we will update our trigger swing.
NB: Until the sell is activated, this one would be overall bullish .
Good luck!
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