Oscillators need to cool off.
Possible correction areas. Confluence of EMAs.
Green boxes at: 0.382, 0.5, 0.618 respectively. Usually if bullish it will only correct to 0.382.
Oscillators looking overbought. Possible correction to 0.618 (180°)
Possible correction areas. Confluence of EMAs.
Green boxes at: 0.382, 0.5, 0.618 respectively. Usually if bullish it will only correct to 0.382.
Oscillators looking overbought. Possible correction to 0.618 (180°)
Note
Updated idea
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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.