Hi as we had seen Divergence in our bullish trend and it got reversed back so we follow the trend and look for Bearish Hidden Divergences which are the confirmations of our bearish trend continual. I have pointed out the hidden divergences with MACD and RSI and the Fibot points (Fibonacci Pivots) with Fibonacci retracements of bullish wave as well as Fibonacci projection of our retrace move.
there are immediate support and resistances identified and it shows more confluences with our identified Fibots. I am using this snapshot for my references in Persian version of analysis
please comment me your ideas so we can have better understandings of the market
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