FLAG AND POLE

Launch Chart
KUNAL KAMBLE
CADCHF
·
Jul 28 2022
snapshot
CAD/CHF

The Pair has formed a Flag And Pole Pattern.
A Flag and Pole is a continuation pattern.

The Pair is trading negative and a small retracement is seen on the upside. A breakout is expected to be on the downside.

The pair breaking downside will be an opportunity to enter short in the pair.

Currently the cryptois trading near the EMA's, price need to trade below the EMA's during a breakout on the downside to confirm strong downward move.

Advice : Trade as per breakout, expecting breakout on the downside.