Breaks of a Parabolic Trend
Right now we are experiencing bearish action which will ultimately result in a break of this parabolic trend, this might seem grim, however the past two times have led to a recovery of the trend
This might occur again and the bull market will resume.
The white zones of the RSI are the break points of the Trend
I am suggesting a further down move, but a stronger recovery to follow this.
I do not believe the Bull market is completely over. Perhaps im a permabull.
This might occur again and the bull market will resume.
The white zones of the RSI are the break points of the Trend
I am suggesting a further down move, but a stronger recovery to follow this.
I do not believe the Bull market is completely over. Perhaps im a permabull.
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