RGTI: both ways potential
Chart on the daily looks like being in no-mans is about to decide of its further direction.
I have two main alternatives:
1. If price moves above Jan 24th highs the road is opened to following resistance zone: 20-25, 28-33 and a push towards ideal macro-resistance target at 37-45 levels;
2. If price break down bellow Feb 3rd lows, odds are moving in favour of one potential leg down to potentially test 4-3 macro support levels.
Weekly macro view:
Thank you for your attention!
I have two main alternatives:
1. If price moves above Jan 24th highs the road is opened to following resistance zone: 20-25, 28-33 and a push towards ideal macro-resistance target at 37-45 levels;
2. If price break down bellow Feb 3rd lows, odds are moving in favour of one potential leg down to potentially test 4-3 macro support levels.
Weekly macro view:
Thank you for your attention!
Делюсь аналитикой и личным опытом работы на финансовых рынках на реальных примерах и результатах, без платных подписок и курсов: t.me/marketartistry
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.
Делюсь аналитикой и личным опытом работы на финансовых рынках на реальных примерах и результатах, без платных подписок и курсов: t.me/marketartistry
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.