Lower lows and Lower Highs, the definition of a down trend. Looking for a trend change here. So far nothing convincing that the trend have began moving back up yet. May be a triangle/pennant here so if it gets a lower low on the price action and a high low on the rsi, bull divergance, it may point to a potential turning point. Again, waiting for a trend change, ideal shown on chart.
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More on the TradeDevils Discord discord.gg/p9bjnpwnMc
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Related publications
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.