RSI is 68 and appears to be trending downward.
ABC correction possible on the 4H timeframe.
Puts the price action around the .5 fib which is a large area of interest.
Purple box is where I am watching the price to reverse to buy on the way up.
NFA
Do your own DD
Commentaire:
Looks like a possible doji here.
RSI is forming new downward trend.
Price is stalling at a resistance.
RSI is forming new downward trend.
Price is stalling at a resistance.
look for another drop.
This candle could signify a temporary reversal on lower timeframes.