Not financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade!!
Repost of a repost of a repost (getting my charts blocked/muted/deleted)
We got bearish divergence on RSI if we close today in this zone A common theme with bearish divergence on the RSI can be seen on this chart back in early February. Where, when it was confirmed, there was a sharp move to the upside before we went down as The RSI confirmed. This is always a possibility with RSI while it can also go straight down without giving you a chance to get in at a good price (see the bearish divergence on the rsi over the left shoulder and also check audnzd daily chart)....... so what do you do? That’s up to you!!