Strong rejection on breakout of downtrend.
Targets are listed on chart.
Rejection shown in RSI also
Would like to see a fall below 50/100 ma around 24 -24.50 for conformation of a trip back to channel bottom.
A move over fib 26.71 negates this short
Targets are listed on chart.
Rejection shown in RSI also
Would like to see a fall below 50/100 ma around 24 -24.50 for conformation of a trip back to channel bottom.
A move over fib 26.71 negates this short
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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.