RSI DIVERGENCE: is still valid (look left)
- Higher High price but Lower High RSI .
- RSI: a point is must at overbought (70)
- RSI: b point is important > must crossunder 50 >> mean to enough make a reversal.
- RSI: c point < 70 (undes overbought).
CORRECTIVE WAVE WAS BROKEN:
- Swing Low (Lower Low) for Profit.
- Higher High price but Lower High RSI .
- RSI: a point is must at overbought (70)
- RSI: b point is important > must crossunder 50 >> mean to enough make a reversal.
- RSI: c point < 70 (undes overbought).
CORRECTIVE WAVE WAS BROKEN:
- Swing Low (Lower Low) for Profit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.