We are approaching the support levels
Also, we've seen that the stoch RSI has been in the overbought area, so it would go down, and right now it is going down.
Stoch RSI also indicated bearish divergence.
In the graph, we've seen that a wedge is formed.
This market structure is (probably) going to break at around july.
This is not a financial advice.
Also, we've seen that the stoch RSI has been in the overbought area, so it would go down, and right now it is going down.
Stoch RSI also indicated bearish divergence.
In the graph, we've seen that a wedge is formed.
This market structure is (probably) going to break at around july.
This is not a financial advice.
Note
about to test the market structure
Note
MARKET STRUCTURE BROKEN!! Would be deep, waiting confirmationNote
double bottom?Note
When you look at the big picutre, you couls see that currently we are sitting in the 0.764. Stoch RSI is at oversold.Note
Note
Stoch RSI divergedNote
Bear flag?Note
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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.