Nifty -ve Divergence developing...
Dear All,
Please watch the negative divergence developing on Hourly time frames.
Readers may recollect the positive divergence since March that lead to a rally. Now a negative divergence can lead to a correction . A break below the ascending channel and a failed retest can resume the downtrend
Please watch the negative divergence developing on Hourly time frames.
Readers may recollect the positive divergence since March that lead to a rally. Now a negative divergence can lead to a correction . A break below the ascending channel and a failed retest can resume the downtrend
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