Description
⋅ 1Y
I see an inverted head and shoulders pattern with RSI in a bullish trend.
5Y
RSI is in a bullish trend here as well.
Prediction: This inversion has reached a bottom and is going to start moving up.
Comment
⋅ This looks to have double bottomed and is on the rise. Concerns come when this crosses 0 and starts going positive again.
Comment
⋅ RSI’s are bullish on multiple timeframes.