On the opposite side, I believe there is a strong case for a bearish scenario
- The channel I have been trading in for the past 10 days or so might just be smaller than the current sideways action, with this being its top
- MACD and RSI are in a need of a reset already
- Volumes seems too flat for now to represent a clearer path towards a new bull run
- The channel I have been trading in for the past 10 days or so might just be smaller than the current sideways action, with this being its top
- MACD and RSI are in a need of a reset already
- Volumes seems too flat for now to represent a clearer path towards a new bull run
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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.