TSX high volume + High risk short

Aktualisiert
Daily high volume at the top of the resistance line
Not high volume on break of resistance line

Trend still bounce between support and resistance lines
However oil is super strong which could be bullish for TSX
Fed decision this coming Wednesday

High risk: Short to support line

or wait to evaluate next week

HXD or HXU
Trade ist aktiv
Already took short positions last Friday
Trade geschlossen: Ziel wurde erreicht
Took profits at support trendline.
Thinking it will break as US10Y broke its October 2022 high.

Playing safe until seeing evidence of a trendline break
Anmerkung
Direction down because US10Y

Entry1 19 900
Entry2 20 200 at gap
TP1 at 50 month EMA
TP2 Technical price target bear flag
Anmerkung
TP2: 100 month EMA + SMA + Bottom monthly green ichimoku cloud
Anmerkung
Break of trendline
Potential double bottom.
Let's see how the week closes
Chart PatternsTrend Analysis

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