RWT is currently consolidating inside of a parallel channel, if price closes below 6.10 level, we might have shorting action to the 5.65 level, if price closes above the 6.68 level, we might have longing/buy action. However, if price goes to the 5.65 level, we might have a nice price reversal if there are no fake outs. Please be careful and have a safe day.
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.
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.