Moving in a bear channel, however RSI is oversold. If price can break through 7750 then there is a good chance for more upward movement. If price stays in channel then obviously the price will slide lower, potential bounces coming on the black horizontal lines.
Not financial advice.
Comments, Questions, Criticism always are appreciated.
Cheers!
Not financial advice.
Comments, Questions, Criticism always are appreciated.
Cheers!
Note
Heavy resistance at channel border, looks like more down on the way
-machinelearnt
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-machinelearnt
Related publications
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.