Pattern: Channel Up on 1D.
Signal: Bearish as the pattern made a Higher High and is descending towards the Higher Low trend line. The RSI is also on a Descending trend line.
Target: 5.035 (around -3.90% from the High, similar to the weakest drop after an RSI Lower High).
Signal: Bearish as the pattern made a Higher High and is descending towards the Higher Low trend line. The RSI is also on a Descending trend line.
Target: 5.035 (around -3.90% from the High, similar to the weakest drop after an RSI Lower High).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
