Bull Bear fight continues
A tad annoyed I missed the trend line from 2017 on previous posts.
Black line: move toward 11700
Followed by either red or pink option:
Red line: breakout around 11700, then bounce off resistance at 14000
Pink line: Hits resistance at 11700 then bounces off support around 9000, followed by action similar to red line.
Note: The two green trend RSI S&R lines come from the weekly RSI chart:
Overall: Bulls and bears are still fighting it out.
Black line: move toward 11700
Followed by either red or pink option:
Red line: breakout around 11700, then bounce off resistance at 14000
Pink line: Hits resistance at 11700 then bounces off support around 9000, followed by action similar to red line.
Note: The two green trend RSI S&R lines come from the weekly RSI chart:
Overall: Bulls and bears are still fighting it out.
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Related publications
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.