Short term possible retracement
It can be noticed from the chart that RSI in showing positive divergence and also has broken out its downward trend.
A kicker candle in 1 hour time frame has been stablished which can serve as a first Elliot wave and the second wave is probably has done its job as the price has broken the downward trend line. be advise of the possible bullish scenario.
A kicker candle in 1 hour time frame has been stablished which can serve as a first Elliot wave and the second wave is probably has done its job as the price has broken the downward trend line. be advise of the possible bullish scenario.
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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.