We are the furthest from breaking recent lows of any of the big 3, but the correlation is still hurting bulls.
If we break down the next support is $55 and the 4 hour RSI level will be just entering oversold.
Need to see a high volume flush for the bounce to be more prolonged than we have seen the past couple days.
Break of the 4 hour lower highs required to shift trend back to the bulls.
If we break down the next support is $55 and the 4 hour RSI level will be just entering oversold.
Need to see a high volume flush for the bounce to be more prolonged than we have seen the past couple days.
Break of the 4 hour lower highs required to shift trend back to the bulls.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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.