The last retracement to the downside was about 30%. This has been completed.
- The 3 Lines (Long, middle and lower trend) are almost on the bottom.
- The RSI is forming a bullish div on the last move.
- A green bullish signal appeared.
- Price came outside of the BB and closed back inside.
Many indications that the downtrend might come to an end soon or has already.
I keep an eye on it.
- The 3 Lines (Long, middle and lower trend) are almost on the bottom.
- The RSI is forming a bullish div on the last move.
- A green bullish signal appeared.
- Price came outside of the BB and closed back inside.
Many indications that the downtrend might come to an end soon or has already.
I keep an eye on it.
Note
Sometimes it is good to zoom out a bit more. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.