CADCHF
Key Resistance Level: CADCHF has approached or recently touched a key resistance level, indicating a potential ceiling where the price might struggle to move higher.
Break of Higher Low (HL): The price has broken the series of higher lows, which suggests that the bullish trend is weakening and selling pressure is increasing.
Printing a New Lower Low (LL): The formation of a new lower low confirms that the market is transitioning from a bullish to a bearish trend. This is a strong signal that further downside is likely.
Break of Higher Low (HL): The price has broken the series of higher lows, which suggests that the bullish trend is weakening and selling pressure is increasing.
Printing a New Lower Low (LL): The formation of a new lower low confirms that the market is transitioning from a bullish to a bearish trend. This is a strong signal that further downside is likely.
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