4 drives down
time between each leg down. has been decreasing,
the price is accelerating downwards
the capitulation is most likely this final leg down if it happens within this week
then price has to retrace back above resistance line in purple
and follow the yellow line to confirm the bottom is in
then do a market structure break to the upside
following the yellow line to confirm the bottom is in
1 day RSI shows bull div as well
time between each leg down. has been decreasing,
the price is accelerating downwards
the capitulation is most likely this final leg down if it happens within this week
then price has to retrace back above resistance line in purple
and follow the yellow line to confirm the bottom is in
then do a market structure break to the upside
following the yellow line to confirm the bottom is in
1 day RSI shows bull div as well