UNI breaking across the 4H50MA and will almost certainly close with candle body over for the first time since the high.
Also 4H RSI moving into upper quadrant for first time since the high.
I'm just buying the potential bounce, this is most likely not going to be a long term hold.
Not advice.
Also 4H RSI moving into upper quadrant for first time since the high.
I'm just buying the potential bounce, this is most likely not going to be a long term hold.
Not advice.
Note
Indexes whipped bearish and this downside is far to much to have any confidence in trend. This did look good at the start of the day but not anymore. No longer good RR. I'm out.Note
Still keeping an eye on crypto but its effectively bobbing in the water here, drifting sideways, could easily fall if further downside comes from stock indexes in the week.
Your FA guru can't read a chartðŸ’
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Your FA guru can't read a chartðŸ’
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
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.