FX:XAGUSD Silver/U.S. Dollar
SIlver is about to complete a three drives pattern . The completion of the pattern accompanied by a divergence on indicates a possible rebound in the coming few days to week. However, this is a framework for a trade, and thus wait for a setup over the short term to confirm your trade or a candle.
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Just want to get an idea of how you are reading the RSI. I see that you are using a higher low as a bullish signal, but if you look at the RSI from mid March to the beginning of April , it appears to be doing the opposite, yet it was followed by very bullish moves in the price action throughout April. Any thoughts on this? Thank you.