Currently there are two ways i view it, one being the current uptrend is an impulse. ABCDE 5 waves up.
The second being that the uptrend is just a larger correction to the daily chart.
RSIs are oversold, price is well above the EMAs. Looks like a good time for a retracement/ break downwards. (shorterm)
The second being that the uptrend is just a larger correction to the daily chart.
RSIs are oversold, price is well above the EMAs. Looks like a good time for a retracement/ break downwards. (shorterm)