A recent high was confirmed with a overbought signal and price correlating, the price reversed and the overbought indicator correlated price action, price then rose, but RSI did not correlate, thus creating divergence.
Edit: possible double top scenario, throw over top too, and the world is going to shit as well
Position: Short
Edit: possible double top scenario, throw over top too, and the world is going to shit as well
Position: Short
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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.