Bullish:
1) short term hidden bullish divergence RSI
Bearish:
1) Bear flag, maybe double top
2) long term reversal divergence (bearish)
3) RSI support broken
In summary, neither bullish or bearish but 1788-1814 needs to hold (green box)… otherwise we revisit 1700 and lower.
Fundamentally, I see no reason for 1788 to break. I consider this a buy op.
1) short term hidden bullish divergence RSI
Bearish:
1) Bear flag, maybe double top
2) long term reversal divergence (bearish)
3) RSI support broken
In summary, neither bullish or bearish but 1788-1814 needs to hold (green box)… otherwise we revisit 1700 and lower.
Fundamentally, I see no reason for 1788 to break. I consider this a buy op.
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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.
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.