Clearly see that it s making the flag correction which is ABC irregular flat pattern.
And it touches the trend line of the bottom tunnel.
RSI shows Oversought which is the signal to enter the trade.
And it touches the trend line of the bottom tunnel.
RSI shows Oversought which is the signal to enter the trade.
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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.