We are edging towards the line of the downtrend.
If there is a convincing break, I would like to see 106 and 108
If we bounce, then I'm looking to take profit near the most recent bottom.
Stoch shows above 90 during downtrend on the daily which is always a good sign for bears. But it is better to react than to predict.
If there is a convincing break, I would like to see 106 and 108
If we bounce, then I'm looking to take profit near the most recent bottom.
Stoch shows above 90 during downtrend on the daily which is always a good sign for bears. But it is better to react than to predict.
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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.