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Bearish Divergence Coincides with Break into Lower Channel of BB

63
Hi all!

Going to keep this update quick.

Looks like we're seeing a bearish divergence on the 4HR RSI that coincides with a second test of the Bollinger Band's lower channel.
Could see us retesting the top of the downtrend resistance-turned-support line between $7900-8250.

Conclusion:
We're in no mans land.
- Definitely do not open any longs here
- Definitely do not open any shorts here

If you can't handle the risk associated with a fall back into "bearish" territory, consider shaving off some of your position here.
Nota
syot kilat

Larger timeframe outlook for reference. Doesn't look as horrible on the daily, but the divergence is still there.

Be careful trading!!
Nota
syot kilat
Nota
syot kilat

Squiggly line prediction doing pretty well

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