A short Trade using EMA 34, EMA 55 and RSI
EMA 34 is clearly below the EMA 55 line showing that there is a clear greater downtrend.
RSI is about to go overbought edging towards the 66.6 mark.
Anticipating the market dropping to rebalance and recover from being overbought.
RSI is about to go overbought edging towards the 66.6 mark.
Anticipating the market dropping to rebalance and recover from being overbought.