RSI divergence seems to always pick the reversals, but so easy to be early on them for a long time.
Chart Notes:
- gaps on the way up
- big volume sell candle on first day of divergence / possible trend reversal
- 85/81 RSI level divergence, would prefer to see 90/80
- big green fomo buy candle nearing the top
Chart Notes:
- gaps on the way up
- big volume sell candle on first day of divergence / possible trend reversal
- 85/81 RSI level divergence, would prefer to see 90/80
- big green fomo buy candle nearing the top
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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.