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Jicka
Oct 20, 2020 10:28 AM

Bearish divergence - lots of gaps Short

Niu TechnologiesNASDAQ

Description

RSI divergence seems to always pick the reversals, but so easy to be early on them for a long time.

Chart Notes:

- gaps on the way up
- big volume sell candle on first day of divergence / possible trend reversal
- 85/81 RSI level divergence, would prefer to see 90/80
- big green fomo buy candle nearing the top
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