RSI shows extremely overbought conditions. Price has also broken through support at point A and shows a lower low, lower close. As with most Cyphers, the CD leg is one final stretch until it goes in the intended direction. At market price, I am looking for a target on structural support.
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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.