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Peet_Serfontein
4. Sept. 2019 07:29

SGL: look at that bearish divergence! Short

Beschreibung

Bearish divergence:
The price action is making higher highs, while the indicator (RSI) is making lower highs.
Such a scenario indicates underlying weakness.
Bulls are exhausted.
Warning of a possible trend direction change from an uptrend to a downtrend.
Wait for further bearish technical confirmation.
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