Bull Divergence condition:
1. Point A: RSI is Oversold (<30)
2. Point B: Most important.
- EMA: 34 & 89: Point B is must crossover and above EMAs -> Bull is enough creating a Divergence.
- RSI of Point B > 50.
3. Point C:.
- On chart: Price lower but RSI higher.
- RSI of Point C is above Oversold zone.
1. Point A: RSI is Oversold (<30)
2. Point B: Most important.
- EMA: 34 & 89: Point B is must crossover and above EMAs -> Bull is enough creating a Divergence.
- RSI of Point B > 50.
3. Point C:.
- On chart: Price lower but RSI higher.
- RSI of Point C is above Oversold zone.
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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.