RLC seems to be breaking out on a larger scale.
If it confirms by closing above with a second channel on the weekly then I predict rlc will keep rising quite a bit.
Closing below on the second candle would be a rejection.
In the short term it looks like RLC will continue to go up, although I expect a test of the upper part of the channel at some point.
Things will be more clear as this triangle on the 15m sorts itself out.
If it confirms by closing above with a second channel on the weekly then I predict rlc will keep rising quite a bit.
Closing below on the second candle would be a rejection.
In the short term it looks like RLC will continue to go up, although I expect a test of the upper part of the channel at some point.
Things will be more clear as this triangle on the 15m sorts itself out.
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Thumbs up if you can, i wanted to post the weekly chart to show where that yellow line is coming from
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failed to break up on the triangle, so far still holding upper part of the channel now as support? (on log)
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