FX Bitcoin / YenShort
Trend reverse bullish to beaarish
price chart:
-we have a bullish trend that failed to make a higher high, it signals the end of the bullish trend. SIGN OF A DOWNTREND
- we have a double top pattern which is a bearish reversal pattern, it occurs at the end of a bullish trend. SIGN OF A DOWNTREND
RSI:
-we have a triple top formation (bearish reversal pattern) after an uptrend. SIGN OF A DOWNTREND
-the RSI indicator broke from above to below 50. SIGN OF A DOWNTREND
-we have a bullish trend that failed to make a higher high, it signals the end of the bullish trend. SIGN OF A DOWNTREND
- we have a double top pattern which is a bearish reversal pattern, it occurs at the end of a bullish trend. SIGN OF A DOWNTREND
RSI:
-we have a triple top formation (bearish reversal pattern) after an uptrend. SIGN OF A DOWNTREND
-the RSI indicator broke from above to below 50. SIGN OF A DOWNTREND
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.
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.