Price action: Bearish downtrend + 3rd Touch breakout
RSI: 55 SMMA + 8 EMA Crossing to the downside at the breakout point.
MAGNETIC 50 EMA: 3rd touch breakout.
Expecting a 15-20% drop right now.
RSI: 55 SMMA + 8 EMA Crossing to the downside at the breakout point.
MAGNETIC 50 EMA: 3rd touch breakout.
Expecting a 15-20% drop right now.
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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.