XETR:DB1
Using HeikinAshi candles and daily TF on Deutsche Börse shows that $DB1 movement is in good agreement with ma (9-60) and rsi. Each price drop (from start until rsi reversal from 30) usually takes 13 to 70 bars. Currently we are at the 23th-bar.
Due to current doubts in market, it can continue to drop and test both support 1 and 2 but the recent...
XETR:RWE
With using HeikinAshi candles and daily TF on $RWE, ma shows it starts a downward movement. But rsi broke the 30 line which is very rare case.
Normally rsi does a single reverse from the 30 line but there are some dates to consider. For example feb-mar 2021 which rsi and price action continued to drop.
Summary: Wait for few days to observe the price...
XETR:RWE
With using HeikinAshi candles and daily TF on $RWE, ma shows it starts a downward movement. But rsi broke the 30 line which is very rare case.
Normally rsi does a single reverse from the 30 line but there are some dates to consider. For example feb-mar 2021 which rsi and price action continued to drop.
Summary: Wait for few days to observe the price...
