Read the chart carefully.
1. Bearish engulfing formed at the same resistance where price to struggle to move up earlier.
2. Strong RSI divergence every time possibly when price reaches resistance zone.
3. Triangle will possibly broke.
4. Since all these happens after a strong upmove market, sellers strongly controls the market and avoiding the further upmove.
1. Bearish engulfing formed at the same resistance where price to struggle to move up earlier.
2. Strong RSI divergence every time possibly when price reaches resistance zone.
3. Triangle will possibly broke.
4. Since all these happens after a strong upmove market, sellers strongly controls the market and avoiding the further upmove.