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kristinajulia0227
Nov 17, 2020 1:46 AM

Determine Trend Reversal Using RSI Indicator With Price Action Education

OANDA:US30USD240
US Wall St 30OANDA

Description

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1. Price created lower low and RSI higher low (tight divergence - oversold).
2. Reversed on demand zone with candlestick pattern.
3. Broke down trend structure with retest as confirmation.
4. Price went above 200 EMA and used it as support.
Trend AnalysisTechnical Indicatorsexponentialmovingaveragespriceactioncandlestickpatternbreakofstructurereversalpatterndivergencepattern
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