- Daily RSI shows an overbuy
- Bearish candlestick formation suggests a slight reversal
- Fibonacci retracement shows that price is testing a strong resistance level at 0%, even in a clear uptrend context.
We can expect a pullback and retest of the lower support 23.60%.
- Good luck
- Bearish candlestick formation suggests a slight reversal
- Fibonacci retracement shows that price is testing a strong resistance level at 0%, even in a clear uptrend context.
We can expect a pullback and retest of the lower support 23.60%.
- Good luck
Trade closed: stop reached
I'll think twice about my daily RSI confirmation
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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.