CADCHF bounced off the ascending channel support as expected from my previous analysis.
Price brokeout above the pullback trendline resistance + previous swing high.
Possible uptrend continuation ⬆️.
Targets 🎯 - horizontal resistance level / ascending channel resistance.
Setup invalidation ❌ - breakdown below the ascending channel support.
Price brokeout above the pullback trendline resistance + previous swing high.
Possible uptrend continuation ⬆️.
Targets 🎯 - horizontal resistance level / ascending channel resistance.
Setup invalidation ❌ - breakdown below the ascending channel support.