- Ascending triangle pattern for the past few years.
- Sitting just below weekly resistance
- Bounced several times before
- RSI/Stochastic topped out
- Slight bearish divergence on both indicators
Conclusion: I expect some 100-200 pips down from here
- Sitting just below weekly resistance
- Bounced several times before
- RSI/Stochastic topped out
- Slight bearish divergence on both indicators
Conclusion: I expect some 100-200 pips down from here
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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.
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.