CLX is now facing a triple top formation and it could heads south towards the support level at
144.90. Alternatively, there is still a possibility for it to fake a breakout before coming down.
Those keen to short, please use the 4H or 1H time frame to check the price action and trends to determine a good entry point.
144.90. Alternatively, there is still a possibility for it to fake a breakout before coming down.
Those keen to short, please use the 4H or 1H time frame to check the price action and trends to determine a good entry point.
Note
If you draw a trend line, then it is not yet ready to short sell. But a pin bar candle is a good indicator as sellers are forming at the top and pushing price down.Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.