Not financial advise do your own research !!
RSI has been resetting will it break out and rise higher or will we get a crash ?
I've put some possible targets to the downside 2 of the 3 would be most likely the third ( bottom one could be the lowest it'll go ).
MACD converging and we had a bearish engulfing candle on the weekly.
Also RSI on weekly hit overbought, possibilty to cool of on the weekly aswell before entering another uptrend.
Have fun trading and remember d o your own research.
RSI has been resetting will it break out and rise higher or will we get a crash ?
I've put some possible targets to the downside 2 of the 3 would be most likely the third ( bottom one could be the lowest it'll go ).
MACD converging and we had a bearish engulfing candle on the weekly.
Also RSI on weekly hit overbought, possibilty to cool of on the weekly aswell before entering another uptrend.
Have fun trading and remember d o your own research.
Comment:
First Target Hit Second Will Be Soon To Follow