Hey, how do we see overselling or overbuying? I hope you can share.
Post
Laraine Nuner CwGW
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According to the previous plan, if today or tomorrow the correction goes to 79200-79300, it is possible to go long for a rebound. Here, a potential bullish bat pattern is forming. (Bullish bat)
This pattern needs to confirm one thing, which is to correct from (C) 84370 down to (D) 79200-79300 to confirm the complete formation of the bullish bat pattern. There is a possibility of a rebound according to the RSI of the (W) timeframe, which is gradually escaping the oversold zone in the short term. <30
With A at 94500, X = 76600
Therefore, any drop allows for a long position to be held.
This pattern needs to confirm one thing, which is to correct from (C) 84370 down to (D) 79200-79300 to confirm the complete formation of the bullish bat pattern. There is a possibility of a rebound according to the RSI of the (W) timeframe, which is gradually escaping the oversold zone in the short term. <30
With A at 94500, X = 76600
Therefore, any drop allows for a long position to be held.
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