trend lines speak for themselves -
falling and contracting - pullback finishing wave 2
longer time frame shows bullish divergence between RSI lows and price lows from the beginning of wave 1 last month.
patience --- RSI is oversold on all timeframes and almost oversold on the daily
if emotion is removed - this is a higher low
falling and contracting - pullback finishing wave 2
longer time frame shows bullish divergence between RSI lows and price lows from the beginning of wave 1 last month.
patience --- RSI is oversold on all timeframes and almost oversold on the daily
if emotion is removed - this is a higher low
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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.
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.