12h ENERGY More Room for Up to Make Contact with Red then down.
You will see what I point out in different time frames why I believe we begin a bear trend today.
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The 6h does show more room for upward pressure. So, when we bounce up again in the 15m TF when the Red RSI reaches the 20% level, we MAY HAVE A CHANCE for one more push up today. Again, it's a CHANCE (50/50).
Note how much room the Green Line has to go up to 80% level. We have less than 15 minutes remaining in the current 6h candle.
Note how much room the Green Line has to go up to 80% level. We have less than 15 minutes remaining in the current 6h candle.
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PLEASE HAVE A LOOK AT THE NEW TITLE. JUST CHANGED THE TITLE. Let's keep a look on the ENERGY and Red RSI before drawing a conclusion.
; )