Vladimir Ribakov identifies a bearish divergence on the NASDAQ 1-hour chart: higher highs turned into lower highs and lower lows. As long as the short-term high holds, rallies could offer short-selling opportunities if price drops into the recent low-zone.
Chapters
we also had a bearish divergence here developing at the end of these waves. And if we go to the 1-hour chart to try and determine the reversal pattern, what we will see on the 1-hour chart that at the end of these waves, also from higher highs on the chart, we created the lower highs. Then we followed with a strong bearish divergence and lower lows on the chart and the indicators. That completed the 3 waves down, and right now with these 2 corrective waves and the breakout to the downside, the market is making lower lows again, which makes me think as long as this short-term high is holding, any seller rallies here could be a good opportunity. With that in mind, if the sellers really take the control Then the zone of this low and all these candles that were