Closed at just at the trend line and a major confluence point.
The trend is clearly down from the 8 hour view.
RSI just broke up trend giving a big warning sign. RSI trend breaking is normally a LEADING indicator which could mean trend line break for the price line.
SInce this is 8 hour chart it would carry more weight for sure.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
The trend is clearly down from the 8 hour view.
RSI just broke up trend giving a big warning sign. RSI trend breaking is normally a LEADING indicator which could mean trend line break for the price line.
SInce this is 8 hour chart it would carry more weight for sure.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.