There is a triangle forming but I am more inclined to be bearish due to higher timeframe.
Of course I am also ready to go long if it breaks on the upside (The RSI should break the trendline if its gonna be a long position)
Of course I am also ready to go long if it breaks on the upside (The RSI should break the trendline if its gonna be a long position)
Note
False break detected. A short should materialize shortly I feel
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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.