On the same resistance level
Prices form an ascending triangle
The RSI is forming a descending triangle
There is a bearish divergence on the RSI
This is a bearish reversal pattern
Prices could in the short to medium term move lower
It may just be a matter of timing
This scenario is not an investment advice
A failure of the scenario is highly possible
Do not copy it, or you risk losing your money
Prices form an ascending triangle
The RSI is forming a descending triangle
There is a bearish divergence on the RSI
This is a bearish reversal pattern
Prices could in the short to medium term move lower
It may just be a matter of timing
This scenario is not an investment advice
A failure of the scenario is highly possible
Do not copy it, or you risk losing your money
Trade closed: target reached
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.