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support on the weekly rsi, hopefully we hold it.

61
we have support on the weekly rsi and if we hold it and break the yellow resistance in the rsi, I think we will go and do a double top on the rsi around the 90, timing is difficult to guess , so i prefer to stick to rsi levels,
Note
snapshot on the short term hope we repeat the bounce in the 50MA weekly, a fail to support it will create a good drop and we will break the rsi support too, invalidating the idea
Note
snapshot we close the body above previoyus week, above the 50MA weekly and 200MA daily , all good sign, founce looks quite similar to the first bounce.
Note
snapshot realize i wasnt drawing the line from the first low, so we broke one support on the rsi but we still have the bottom one.
luissjp
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luissjp

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.