Hello guys!
As you can see in my post we have the average RSI (14) displayed.
If you take a closer look you can see that the last time we have seen a critical oversold region was 2015 and now in 2019 for the first time in 2 years again!
I think sometimes the most simple indications can have a big impact on the overall view.
For me this looks definetly bullish and Im confident that we found some kind of a bottom.
I marked the position where we would be now if the past returns on the charts.
As you can see in my post we have the average RSI (14) displayed.
If you take a closer look you can see that the last time we have seen a critical oversold region was 2015 and now in 2019 for the first time in 2 years again!
I think sometimes the most simple indications can have a big impact on the overall view.
For me this looks definetly bullish and Im confident that we found some kind of a bottom.
I marked the position where we would be now if the past returns on the charts.
KSC
