CA60 - SHORT IDEABearish structure
LH, LL formation following
On Daily chart, the price is taking rejection from 78.6 % FIB level, causing another LH.
On Hourly chart, the price action continues.
Taking rejection from Hourly R
Support of Daily just below, from where it did react on Hourly as well.
If this Support b
$TXSX failing resistance and will roll overGot a spike form the $CADUSD falling apart this week but I think it fails up here and rolls over given the slurry of negative data and the rate cut. It had a very weak close like the $ES_F that looks to be failling levels, hopefully on the back of $XLF this time as financials are also a big part of
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.