On the 1D chart, it has formed a downtrend line, which it is currently trying to overcome, its RSI shows a cooling off from buyers, making such a breakout difficult.
In the Keltner Channel indicator, KSM is positioned at the channel's median, if it looks for the upper line that coincides with the Ichimoku cloud, we can witness the breakout of the downtrend line.
In the Keltner Channel indicator, KSM is positioned at the channel's median, if it looks for the upper line that coincides with the Ichimoku cloud, we can witness the breakout of the downtrend line.
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.
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.