The chart remains within the downward channel. We can see an interesting picture here. The intersection of the channels forms another triangle.
Strong movement may happen before 29th ofJune. Breaking the bottom of the triangle will give us hope for a further fall.
Breaking through the upper boundary will return us to the boring flat.
By the way, have you seen the brake of MA 200 (4H)? Do you remember what had happened after the last break (it was 25th of February before the fall)?
And there is a confuse about RSI. We can see bullish divergence. Is it right to ignore it or not, I don't know, but there is a fact - signals show opposite movements.
I'm waiting for break one of the borders of the triangle.
This post is only for educational proposes and does not provide financial advice.
Strong movement may happen before 29th ofJune. Breaking the bottom of the triangle will give us hope for a further fall.
Breaking through the upper boundary will return us to the boring flat.
By the way, have you seen the brake of MA 200 (4H)? Do you remember what had happened after the last break (it was 25th of February before the fall)?
And there is a confuse about RSI. We can see bullish divergence. Is it right to ignore it or not, I don't know, but there is a fact - signals show opposite movements.
I'm waiting for break one of the borders of the triangle.
This post is only for educational proposes and does not provide financial advice.