Now this an interesting one,
Traditional Markets Closed last candle very bearish as shooting star and with selling pressure,
also we closed below the previous candles close, indicating more bearish momentum,
We also confirmed the 4 drive bearish RSI divergence, which is hefty
After the first bearish divergence we had on the monthly we crashed about 21.13%,
1 Year 1/3 later we had a third crash caused by corona and a 3 drive rsi divergence, which is about double as big from last crash
Now we confirmed a 4 drive rsi divergence, and the government initiating a second lockdown, aswell as the elections happening,
We very well could crash a third time and this time looking at the previous crashes, this would put us at 1720
Traditional Markets Closed last candle very bearish as shooting star and with selling pressure,
also we closed below the previous candles close, indicating more bearish momentum,
We also confirmed the 4 drive bearish RSI divergence, which is hefty
After the first bearish divergence we had on the monthly we crashed about 21.13%,
1 Year 1/3 later we had a third crash caused by corona and a 3 drive rsi divergence, which is about double as big from last crash
Now we confirmed a 4 drive rsi divergence, and the government initiating a second lockdown, aswell as the elections happening,
We very well could crash a third time and this time looking at the previous crashes, this would put us at 1720