Structure: Ascending Channel
Indicators: RSI Overbought, Bearish Divergence Forming
📌 Confirmation:
Look for:
A strong bearish candle or
RSI breaking below 60
Volume divergence
Bias: Short-term bearish correction, bullish structure intact as long as price holds the channel.
Indicators: RSI Overbought, Bearish Divergence Forming
📌 Confirmation:
Look for:
A strong bearish candle or
RSI breaking below 60
Volume divergence
Bias: Short-term bearish correction, bullish structure intact as long as price holds the channel.
VM
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