so far so good - now waiting for 60min RSI to reach first target of earlier PH
(MAY coincide again with spot 2640-2660 zone)
first target of RSI nearly achieved...
now back to price movement for monday
(BTW, price movement ULTIMATELY confirms ANY indicator)
as can be seen from 60min chart, RSI bullish divergene had happened yesterday too on 5th March...
but after making new low below 2610, it did not cross 2610 on upside...
hence, divergence was not validated...
coming back to today's price action:
Made a lower low than yesterday's swing low of 2564 at 2540 (this was one of the expected support levels)
rest is indicated in chart itself....