It is currently at a pivotal moment where RSI walks under MAs in CBIndex. Other indicators such as Aroon and Derivative Oscillator also indicate bearish movement.
The time cycle suggests a potential end at this moment of the current fall. The next fall will happen around the beginning of Jan, which may lead to a bullish opportunity this month.
We'll see.
The time cycle suggests a potential end at this moment of the current fall. The next fall will happen around the beginning of Jan, which may lead to a bullish opportunity this month.
We'll see.
Trade closed manually
All signals point to the downtrend.
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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.