5093 has become a double bottom while the second bottom is with higher downward momentum. This can be treated at a reverse divergence but failure to break the 56 mark and a reversal south means a clear support acting as resistance signal on RSI. Even though stoch is pointing to a up cycle, we know how fragile those signal can be.
TS is almost kissing KS signalling a shift to the south direction....!
waiting for
1. a bar close below 5093... and stoch to show down arrrow....!
2. price to hit 5130 mark and rsi failing to cross the dotted line....!
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