TSX growing within a rising channel HSH pattern was expected
TSX
Has managed to broke the September month sell off and managed to broke the upper channel trend line and started to growing in the rising channel.
And the TSX umped after the retracement towards 16280.00 which is a .50 Fibonacci retracement level's currently reached the minor resistance level which is 16500.00 we can expect the value will rise continuously in coming days towards 16840.00 which is a major resistance level at this level major head and shoulder pattern may formed and will fall towards the lower channel trend line
Disclaimer!
This is a next possible movement of the market. Its not a financial advice
Has managed to broke the September month sell off and managed to broke the upper channel trend line and started to growing in the rising channel.
And the TSX umped after the retracement towards 16280.00 which is a .50 Fibonacci retracement level's currently reached the minor resistance level which is 16500.00 we can expect the value will rise continuously in coming days towards 16840.00 which is a major resistance level at this level major head and shoulder pattern may formed and will fall towards the lower channel trend line
Disclaimer!
This is a next possible movement of the market. Its not a financial advice
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