Scenario 1:
Nas 100, is in a bearish trend making lower highs
and lower lows, after showing bearish RSI
divergence on 1 hour time frame, short entry
at break of previous bearish candle to be on safe side,
instant selling can also take place but waiting for break
of bearish candle is adviced.
Scenario 2:
Nas 100, making a bullish flag, possible
long entry at break of highest point of
pole, but in presence of bearish RSI
divergence, caution while talking long
entry is highly recommended.
Nas 100, is in a bearish trend making lower highs
and lower lows, after showing bearish RSI
divergence on 1 hour time frame, short entry
at break of previous bearish candle to be on safe side,
instant selling can also take place but waiting for break
of bearish candle is adviced.
Scenario 2:
Nas 100, making a bullish flag, possible
long entry at break of highest point of
pole, but in presence of bearish RSI
divergence, caution while talking long
entry is highly recommended.