RSI momentum decreasing on the 1D TF (+divergence)
RSI momentum leveling out on the 1W TF and seems to starting a turn upwards
Possibly setting up for a first bigger retracement, but still room for further down movement I think, if you compare to the "januari sell-off"!!
just my 2 cents ;-)
JD.
#nottradingadvice #DYOR
RSI momentum leveling out on the 1W TF and seems to starting a turn upwards
Possibly setting up for a first bigger retracement, but still room for further down movement I think, if you compare to the "januari sell-off"!!
just my 2 cents ;-)
JD.
#nottradingadvice #DYOR
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Setting up for a bounce back at the green or red trendline?
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I guess it bounced off the red line,... quite exactly actually! ;-)
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Let's see if the histogram bounces off this trendline or breaks it.
With a break a further down move is to be expected.
With a break a further down move is to be expected.
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Bounce or break coming closer!
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If the histogram bounces back down from the green trendline, I expect a retracement back to the wedge that I think is forming.
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...and it bounced back to retest the lower resistance level! ;-)
Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.
You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.
You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!