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RMRK. RMRK in the accumulation stage [5]

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We have 4 clear touches of the moving average. 3 of them with a false breakdown and an attempt to gain a foothold above the moving average. The next time the price breaks and consolidates above moving average, this is the strongest signal of a trend reversal.

1. Accumulate RMRK.
2. Watch the moving average.
3. Be safe.
Tropnik
Moving AveragesParallel ChannelRMRKTriangle

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Moving AveragesParallel ChannelRMRKTriangle
Tropnik

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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.