Price could be rejecting the 233 ema and the bears are putting up a good fight at an oversold area on the mac d/rsi. May take some time to break down but interesting to see if a possible retracement is imminent. I would like to see a retracement of 38% minimum. What do you think? Looks like the fight is going on right now for bullish and bearish vwap control. I'm going with the bears this time. Will update.
Not advice*
Not advice*
Note
Took a small scalp earlier in profit from original chart. here is an update. looking for another scalp down.
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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.