Want to get this out there quickly because it takes a while to publish on Trading View!
Equilibrium pattern forming on both the 30 minute RSI and Candlesticks. This will confirm either a break up or a break down. Be ready for both!
If we do break up, it looks like we will be out of range for previous channel resistance (good thing), and if we break down I would definitely wait for a confirmation of an uptrend. I wouldn't try to catch that falling knife. Be careful out there - happy trading!
Equilibrium pattern forming on both the 30 minute RSI and Candlesticks. This will confirm either a break up or a break down. Be ready for both!
If we do break up, it looks like we will be out of range for previous channel resistance (good thing), and if we break down I would definitely wait for a confirmation of an uptrend. I wouldn't try to catch that falling knife. Be careful out there - happy trading!