Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish
The market is trading around a solid horizontal structure 66,616.
The above observations make me that the market will inevitably achieve 62,879 level.
P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
노트
Great beginning for a trade, let’s hope it goes further!