Hi,
Thanks for reading this idea.
We can clearly see the line that has been triggered last days / weeks.
I expect that it will be triggered another time. This will result in a break up or a break down.
A good break up will be confirmed if the s/r line will be tested succesfull.
but.....
A break down will be discovered by a negative divergence on RSI..... Don't be fooled by the bears.
I will post a long term view also
Thanks for reading this idea.
We can clearly see the line that has been triggered last days / weeks.
I expect that it will be triggered another time. This will result in a break up or a break down.
A good break up will be confirmed if the s/r line will be tested succesfull.
but.....
A break down will be discovered by a negative divergence on RSI..... Don't be fooled by the bears.
I will post a long term view also
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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.