The price structure shows it weaker power of bull power. There might be the opportunity for the retracement.
This set-up is quite aggressive, not recommend to the conservative trading plans.
1. RSI Divergence
2. Weaker power of bullish
3. Volume decreasing contrast to the bullish trend
This set-up is quite aggressive, not recommend to the conservative trading plans.
1. RSI Divergence
2. Weaker power of bullish
3. Volume decreasing contrast to the bullish trend
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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.
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.