CAC has had an interesting day so far, so from what has happened we can see that not only has it began it's downward momentum we can also see 3 bearish divergences on the RSI of which two on 30 minutes & one on 1 day. On Friday we got the evening star candle which signals a reversal, we've also got a H&S confirmation on the 4 hour timeframe which signals a continuation of dump.
NOTE: Double Top on 1 day timeframe
Psychological Resistance + 21 year ATH = 6912
Major Resistance = 6888
Resistance = 6860
Major Support = 6680
Possible TPs:
- 6600
- 6515
- 6500
- 6400
- 6200
Do not miss this chance.
NOTE: Double Top on 1 day timeframe
Psychological Resistance + 21 year ATH = 6912
Major Resistance = 6888
Resistance = 6860
Major Support = 6680
Possible TPs:
- 6600
- 6515
- 6500
- 6400
- 6200
Do not miss this chance.