link | concerning pa | potential reversal soon
noticed something slightly concerning regarding daily rsi.
last 4 times we tagged overbought has lead to serious downside. this move to OB has also been significantly weaker.
average downside post tag is 51.66%.
not necessarily saying that's exactly what will happen this time around as i think we still have a bit more upside we can get here.. but it's enough to pause and look for potential exits/shorts.
last 4 times we tagged overbought has lead to serious downside. this move to OB has also been significantly weaker.
average downside post tag is 51.66%.
not necessarily saying that's exactly what will happen this time around as i think we still have a bit more upside we can get here.. but it's enough to pause and look for potential exits/shorts.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.