Prices are not quite overbought but close. When price breaks current resistance, look for prices to descend through green arrow targets.
Note
The line that reads "When price breaks current resistance," the correction is and should read "When price breaks current support."
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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.