The downtrend is losing strength, and we could be near the end of black C.
RSI divergence has been present for the last month.
A break of green resistance is a bullish signal.
Gray resistance is a major hurdle for a continued upside.
RSI divergence has been present for the last month.
A break of green resistance is a bullish signal.
Gray resistance is a major hurdle for a continued upside.
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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.