When we look at the higher timeframe charts and look at the RSI indicator, we can see that each break of a trendline on the RSI indicator has led to a massive nuke.
Again, we see that we have an established trendline on the daily RSI that has been tested multiple times.
It's just a matter of time before we can another nuke down, or will it be different this time?
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.