BNF observational pattern
Observational pattern shown by vertical lines.
Register the observation.
Whenever such pattern is observed bearish strategy can be adopted irrespective of mtm.
Negative Divergence on RSI.
RSI exiting overbought zone.
RSI below its average.
MACD turns down below it average.
For near term retracement of the last corresponding rise.
Register the observation.
Whenever such pattern is observed bearish strategy can be adopted irrespective of mtm.
Negative Divergence on RSI.
RSI exiting overbought zone.
RSI below its average.
MACD turns down below it average.
For near term retracement of the last corresponding rise.
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