CHART-II
- Negative divergence was updated yesterday in the below chart.
- Today it showed its effect. if today's GAP does not fade we will see an Island reversal pattern
CHART-I
- Price is starting to show negative divergence in smaller time frame charts
- But price continue to make new high's which is the problem for bears.
- Price was closer to the cloud yesterday But the hope of a correction vanished with today's GAP
- If Negative divergence plays out today's GAP may get faded partially which will give a negative daily candle.
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