Critical point!

7 апр. 2022 г.

Haven't changed this chart apart from adding the 50 & 200 SMAs, which as you can on this time frame is starting to converge into what is known as a death cross. This is extremely old and outdated TA but I think it's still relevant providing you spot it as soon as it starts to converge, not as it is crossing. It's also resting on the monthly pivot point as well as making a lower high on the RSI. I think yesterday's tiny correction was to allow the RSI to cool off on the 1 &4h TFs.