DaxonandDixon

ADOBE: ONLY THE RSI SETS US THE LEVEL OF BEARING BACKSPACE !!

Long
DaxonandDixon Updated   

On the weekly chart we can see with great clarity that since 2017 there have been two large bearish retracements, breaking down the RSI zone 70 and its 15-period moving average.
From my point of view, it still has a bullish path because I see the bullish break up of the RSI divergence line as very likely, seeking the formation of a double top in his
overbought zone at 84.50 level (RSI) approx.

My vision is bullish until the RSI and MA do not say otherwise.
Comment:
Other look !!

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