CPA - Rising wedge breakdown Short from $87.53 to $76.63

30 พ.ย. 2016

CPA seems broken down from a rising wedge formation, retested it & now falling down. Moneyflow was diverging & now broken down to the negative side. We think it will decline to 75 area. However for a proper short entry we would like to break underneath support.

You can check our detailed analysis on CPA in the trading room/Executive summary link here-
youtube.com/watch?v=FnM0RFUJHsc
Time Span: 11:10"
Trade Status: Pending