The price action remains in a declining channel pattern.
However, the price action seems to be in a repetitive price action swinging between the low and the high of this declining channel pattern.
RSI leaves enough room for further upside price potential.
Wait for upside price momentum to support the price action.
RSI leaves enough room for such a bullish bias.
Setup remains risky.
However, the price action seems to be in a repetitive price action swinging between the low and the high of this declining channel pattern.
RSI leaves enough room for further upside price potential.
Wait for upside price momentum to support the price action.
RSI leaves enough room for such a bullish bias.
Setup remains risky.
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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.