Bearish divergence on the hourly RSI. If we close below the uptrend, I see us down to first support which is, in my view, flimsy, so could result in a second leg down to the second support.
Risk profile looks nice relative to the top of the red daily fib-band.
Risk profile looks nice relative to the top of the red daily fib-band.
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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.