*Bearish divergence on the MACD and RSI.
*Till now every touch on the red line resulted in a big drop >> will this happen again?
*I'll be bullish if we break the red line and the first red box of resistance.
*For now I expect a further drop towards the black support line.
*Till now every touch on the red line resulted in a big drop >> will this happen again?
*I'll be bullish if we break the red line and the first red box of resistance.
*For now I expect a further drop towards the black support line.
Comment:
I expect a correction from this zone,where the first red box will be the new support.
Comment:
I expect a healthy correction as explained in this chart.
