potential downside is increasing as we bounce every time we set a 15 minute lower high. the qqe signals strategy is long, but rsi is continuing weak and will probably get to oversold. if we dont find ourselves over 44000 soon we could see 43700 sooner. selling 43888 might work, selling 43850 might be a level to watch, and selling a break of 43800 is a possible entry. to the long side if were going to continue this move up we really need to break 43900 resistance and the next level is 44000.
Note
soon over 42000 is likely if we dont find ourselves around 39500Disclaimer
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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.