A fortnight ago gave us a real warning with big drops in the market.
10th May was the last higher high and the stochastic RSI showed pressure and selling commenced
.Close to a month later 7th June the stochastic RSI was overbought once again but this time the price had dropped a lower high position
The structure is the same and the price making a 2nd lower high.
Being out of the market and being patient right now is a smart move
These are my opinions of how I view the market
10th May was the last higher high and the stochastic RSI showed pressure and selling commenced
.Close to a month later 7th June the stochastic RSI was overbought once again but this time the price had dropped a lower high position
The structure is the same and the price making a 2nd lower high.
Being out of the market and being patient right now is a smart move
These are my opinions of how I view the market