The awaited RSI divergence has formed.
Only one support line of the three was broken (marked by the arrow).
Elliott rules presuppose an ending triangle formation.
To confirm it the price should cross upper downtrend resistance line.
Only one support line of the three was broken (marked by the arrow).
Elliott rules presuppose an ending triangle formation.
To confirm it the price should cross upper downtrend resistance line.
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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.