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if this daily candle closes below 9118 , i doubt this rally
if this daily candle closes on "mother of all resistance" or below $9118 , i doubt this rally for reasons:-
1). volume is decreasing
2).daily candle close on resistance or below 9118.
3). if price trend reverses FROM HERE on HTF , it can make bearish divergence on all HTFs .
4). close of daily candle below upper bollinger band on daily chart .
these all r presumptions till oscillators & price action prove it on charts , next 24-48 hrs will be decisive .
1). volume is decreasing
2).daily candle close on resistance or below 9118.
3). if price trend reverses FROM HERE on HTF , it can make bearish divergence on all HTFs .
4). close of daily candle below upper bollinger band on daily chart .
these all r presumptions till oscillators & price action prove it on charts , next 24-48 hrs will be decisive .
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