The RSI indicator tests buyers' determination VS sellers and moves along with the price.
But when the RSI rises and the price drops there is a deviation!
And therefore, In the chart we can see a strong hint for positive technical correction of the pair.
But when the RSI rises and the price drops there is a deviation!
And therefore, In the chart we can see a strong hint for positive technical correction of the pair.
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.
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.