Quote from: Hiral1111 on April 24, 2019, 03:58:21 PM

The market is going to form a strong trend reversal signal. If the daily candle is closed at the current levels of below, the market will start forming a new swing high. This swing high will be higher than the previous one but RSI and MACD will make new "highs" lower than the previous ones. The price will diverge with the indicators and it will give us a bearish divergence. This is a strong trend reversal pattern which sometimes leads to a new trend in the opposite direction, sometimes it leads to a correction or sideways movements.

I don't think that we will get a new bearish trend , but the bearish divergence gives the additional signal supporting the correction movement from the current levels or 6000.00 resistance zone if the market tries to move higher.

For confirmation the bearish divergence it will be good if the price breaks the local uptrend line. For the confirmation further downward movement, the price will need to break 5000.00 support level .
If we talk about the long term market movement, it stays bullish .

And for now we have not been able to ascertain the actual market trends because the movement is still in a normal state with a slight increase and also a slight decline and not too hasty with it that we still need analysis or by waiting for an extraordinary movement, investment must continue by utilizing very cheap prices and on the verge of being good for the future, don't worry about setbacks and I also don't see a deep decline, stay calm to enjoy each process.