classic bearish divergence spotted
1. a bearish divergence between RSI and price is spotted
2. it formed in latest breakout of range, suggesting probability of a fakeout or sideways movement
3. uptrend is still intact with HH-HL formation
Trade:- write OTM CE
view negates if a solid green candle counters PDH
2. it formed in latest breakout of range, suggesting probability of a fakeout or sideways movement
3. uptrend is still intact with HH-HL formation
Trade:- write OTM CE
view negates if a solid green candle counters PDH
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