Posted pretty much the same idea yesterday. Am I bullish? Nope! There can be no discussion we are in a bear market, but I still like looking at all different scenarios and this one stood out to me.
Notice everytime the RSI has hit the oversold area we have seen a rally up. Also notice the double bottom of the RSI in the most recent area. Yesterday I also wrote a bit about this and the link explaining the RSI double bottom is below.
Now as I am new to this, you should most definitely not be taking this as any type of financial advise. I just enjoy running these different scenarios.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.