In overbought territory - confirming an overextended price action to the upside.
RSI therefor leaves enough room for further downside potential.
Upside momentum peaked - also supporting a bearish trend.
A price action below 600 supports a bearish trend.
RSI therefor leaves enough room for further downside potential.
Upside momentum peaked - also supporting a bearish trend.
A price action below 600 supports a bearish trend.