Short term possible retracement
It can be noticed from the chart that RSI in showing positive divergence and also has broken out its downward trend.
A kicker candle in 1 hour time frame has been stablished which can serve as a first Elliot wave and the second wave is probably has done its job as the price has broken the downward trend line. be advise of the possible bullish scenario.
A kicker candle in 1 hour time frame has been stablished which can serve as a first Elliot wave and the second wave is probably has done its job as the price has broken the downward trend line. be advise of the possible bullish scenario.
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