Oaken

Oaken

Notice the difference between RSI and the price. Trendline will probably break soon.

Oaken

As I've noted in a previous chart, wait for the trendline to break. Ideal position to go long - at the blue bold margin. The price will probably go down a bit and then pierce the upper trendline. Else it will pierce the support. Wait for one or the other.

Oaken

Wait for confirmation before going long. The price needs to 1st bounce and 2nd pierce the downtrend. Could also be a bear flag. If it breaks the support, wait for the bounce and go short.