Possible "ABC" forming if price doesn't break previous high.
RSI isn't oversold but is nearing the 50 level.
Looking for 25% to 50% retracement of the previous low (bottom horizontal line)
What do you think?
RSI isn't oversold but is nearing the 50 level.
Looking for 25% to 50% retracement of the previous low (bottom horizontal line)
What do you think?
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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.
Related publications
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.