TRCH - This is a test of the 50% Principle - Retracement needed
The price action on TRCH was expected. On the weekly chart, it was too disconnected from the HMA and RSI was on a down trend. When price gives you higher highs/lows, and the RSI gives you lower highs/lows, this is your Regular Bearish Divergence. This is purely the technical perspective on the way the chart is playing out.
As always, please let me know if you see something I didn't catch.
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As always, please let me know if you see something I didn't catch.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。