Trend analysis
RSI point of View
Higher Top and High Bottom Sequence breaking.
Dow Theory reversal could be happen.
Negative divergence confirmation if lower high and lower low with bearish candle is witnessed.
Can lead to retracement initially to 23.6%
RSI point of View
Higher Top and High Bottom Sequence breaking.
Dow Theory reversal could be happen.
Negative divergence confirmation if lower high and lower low with bearish candle is witnessed.
Can lead to retracement initially to 23.6%