AMDs retracement might come to an end soon. Watch closely.
The last retracement to the downside was about 30%. This has been completed.
- The 3 Lines (Long, middle and lower trend) are almost on the bottom.
- The RSI is forming a bullish div on the last move.
- A green bullish signal appeared.
- Price came outside of the BB and closed back inside.
Many indications that the downtrend might come to an end soon or has already.
I keep an eye on it.
- The 3 Lines (Long, middle and lower trend) are almost on the bottom.
- The RSI is forming a bullish div on the last move.
- A green bullish signal appeared.
- Price came outside of the BB and closed back inside.
Many indications that the downtrend might come to an end soon or has already.
I keep an eye on it.
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Sometimes it is good to zoom out a bit more.
