Stochastic RSI shows shorter timeframe movements (Arrows). Stochastic (below) only interesting after strong movements and shows near endings by oversold/overbought.
We have to be careful as w rice had a triple cycle correction down... if we get a double wave up to 2.0... this is 50% fib level of downward correction and also a rejection at this level we should approach on side of caution as this could be a monster H&S pattern formed
AndreMehnert
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From my perspectice up (long)
Smilex563
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what does it mean, it will go up or down?
thank you!