This chart shows us a rising RSI, weak candles, and moving into a support level. All of this leads to a bounce in the next week or two, and the price should be moving higher. RSI is only used to confirm a trade entry, price action is our first action item.
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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.