USDINR: Bearish Divergence in hourly chart
In
USDINR
here are the features we can see:
Most likely: the uptrend will pause as there is a momentum missing.
So Dec Future is a short candidate for USDINR.
USDINR
here are the features we can see: - There is a clear bullishness throughout the session. I would say Very Bullish. All candles are hollow and green in hourly charts.
- There is a bearish divergence in the #USDINR hour chart. Price highs are not sustained by RSI new highs - shown in the photo
Most likely: the uptrend will pause as there is a momentum missing.
So Dec Future is a short candidate for USDINR.