Expecting rejection of clear trend line that has bee broke.
50
second retest. could be the start of a new downtrend
Note
Looking at the 15 min timeframe, we can see the RSI forming a downward channel while the price is going up. So in theory, the market is weaker compared to what the price action is showing us, creating a divergence (and an opportunity) :)
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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.