Following the chart shown above we can clearly see the BTCUSD currency pair testing the upper channel and forming a regular bearish divergence.
A sell trade is placed at $4547.94, we are looking at exiting the trade in a loss if the pair closes above the $4437.43 level. Our profit target is at $3234.18.
In case of a hidden divergence formation on the same chart we will exit our short trade and go long.
Happy trading.