7/17/22
Hourly I am looking for price to come up to zone. There is two divergences on the RSI.
1. Price is higher and RSI is lower
2. Last high is a higher high on less RSI.
Price is also coming back to a price level that priced dropped from for a retest on supply/demand zone.
Also there is divergence on the price and volume. Higher high on lower volume. ( Less volume)
The daily is in a downtrend. We are looking for short opportunities.
Hourly I am looking for price to come up to zone. There is two divergences on the RSI.
1. Price is higher and RSI is lower
2. Last high is a higher high on less RSI.
Price is also coming back to a price level that priced dropped from for a retest on supply/demand zone.
Also there is divergence on the price and volume. Higher high on lower volume. ( Less volume)
The daily is in a downtrend. We are looking for short opportunities.
Related publications
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.