Short

NOT GOOD

38
The UK might be heading to a downturn again, we can spot a divergency forming rsi is curling right at the same time as divergency is been created, indicating that prices might be heading down.

What I would expect to see?

Prices reaching the Purple Line and RSI weakening and confirmation with red brick. and if you want to be safe 2 bricks is recommended.

Would be cautious with this instrument.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.