Is this a new type of divergence?
(widths of top looking structures seen in chart, but are they? could they be hiding their true identity and transgendering into bottoms right before your very eyes?
Using an MRI Scan on the RSI, we can see it actually might be a WEAKER TOP, why does it look so small in the RSI?
I think this might be a new type of divergence I discovered.
The red marker indicates what looks like a "top" in the chart, but actually looks possibly more like a bottom-looking-structure, in the RSI. You can back test this yourself, look for dumps in the past, and compare, I can bet the Bottoms in the RSI will appear to be getting more narrow, and the tops becoming much wider and more pronounced before a dump. Just IMO & as always, HAPPY TRADING! :)
Using an MRI Scan on the RSI, we can see it actually might be a WEAKER TOP, why does it look so small in the RSI?
I think this might be a new type of divergence I discovered.
The red marker indicates what looks like a "top" in the chart, but actually looks possibly more like a bottom-looking-structure, in the RSI. You can back test this yourself, look for dumps in the past, and compare, I can bet the Bottoms in the RSI will appear to be getting more narrow, and the tops becoming much wider and more pronounced before a dump. Just IMO & as always, HAPPY TRADING! :)
Comment:
You're looking at the bottoms and tops in between themselves, :) just see what looks more pronounced, great to add for a confirmation.