Market price retraced several times from down trend line and is now in correction movement structure which is confirmed with closing under trend line.
RSI is near trend line support, expect fast market price down movement if RSI line breaks this support.
Market closed under Bollinger band middle line which implements further down movement.
RSI is near trend line support, expect fast market price down movement if RSI line breaks this support.
Market closed under Bollinger band middle line which implements further down movement.
Order cancelled
Comment:
market moved as analyzed after long squeeze and fakeout
Comment:
**after short squeeze**
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Related Ideas
