- Weekly chart is shown with MACD.
- The reversal Marked with Alphabet A is a straight forward reversal. But This time price action looks like the 1 2 3 Reversal shown on the left hand side. Remember its only similar , It may not be exact. In short we are looking at a possible Triple negative divergence before a major correction could start.
Hey San,
ReplyDeleteWeekly chart has very keen observation.
👍