55EMA on weekly (red hammer) acted as a bull trap in the last bear run after the bottom was in, RSI is also at the same place (red arrow) where it was rejected last time
Note
For a brief moment it looked like we were crossing the barrier, but NOT. RSI rejected as well
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Follow me for more updates
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youtube.com/channel/UCskbBdZstBUQ_4y2o912zzw
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.