Is it the end of bullish cycle?
If we look at the bearish divergence with RSI, we definitely say YES! (or may be NO)
Al Hassan Ghazi Ibrahim Shaker Company produced a super-strong bearish signal in the form of bearish divergence pattern.
These signals are pointing towards a correction, a very strong correction towards the confluence of support lies at 0.382 (28.35 SAR) and 0.5 (26.50 SAR) Fib level from where pull back is expected.
If we look at the bearish divergence with RSI, we definitely say YES! (or may be NO)
Al Hassan Ghazi Ibrahim Shaker Company produced a super-strong bearish signal in the form of bearish divergence pattern.
These signals are pointing towards a correction, a very strong correction towards the confluence of support lies at 0.382 (28.35 SAR) and 0.5 (26.50 SAR) Fib level from where pull back is expected.