Exaggerated Bearish Divergence for COTI @ 15mins time frame

Updated
Exaggerated Bearish Divergence can be formed when there is Double top on Price and when Relative Strength Index(RSI) is making Lower Highs and forming a Descending Triangle Pattern. Took position on 0.04827, and put a stop loss slightly above 50ma.
Trade closed: target reached
Took Profit $$$
Moving AveragesPivot PointsTrend Analysis

Disclaimer