Short

RNDR IS REALY BEARISH (1D TF)

516
rndr has been forming a large bearish triangle for some time now. We now seem to be in wave E.

The waves of this triangle are for the daily time frame and it takes time.The red box is the right place for the termination of the last wave of this triangle, i.e. wave e, and then the symbol can enter a strong falling wave. You must control your risk and do not enter a position without capital and volume management.

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.