Anticipated projection of coming weeks.
Stochastics + RSI + CCI = Incoming oversold levels on current uptrend -> Soon down
MACD = Current trend losing momentum -> Down soon
Elliott Impulse phase completed -> Incoming correction (ABC) and possible Inverse Elliott wave downwards.
MACRO SCALE: Still within a descending channel that might break out up at any time.
Stochastics + RSI + CCI = Incoming oversold levels on current uptrend -> Soon down
MACD = Current trend losing momentum -> Down soon
Elliott Impulse phase completed -> Incoming correction (ABC) and possible Inverse Elliott wave downwards.
MACRO SCALE: Still within a descending channel that might break out up at any time.
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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.