At resistance level 4h with early Negative divergence RSI, agreed. But since the market is bullish from a higher time frame, we shouldn’t anticipate the divergence to move the bears on deep short, rather to a support, because for that divergence 4h to be validated for deep bears in the market, it has to pullback for double tops, thus if resistance holds, then 4h divergence fully confirmed and we look for future deep short in the market. But for now, with early divergence, we anticipate the bears to the strong support level only. Hence we go short first as the criteria made, and as support holds then long. Not financially advised. Comment Guys.
