as you can see there is divergence in the RSI and Gold price is near to a very strong resistance at 1831.733 (it has been testing the price fo three times in a row). if it breaks the line it would be a buy signal and if it go back and break the Trend line, it is an obvious short signal.
Hello to all of you
as you can see there is a clear divergence in the RSI and it shows a good probability of changing direction of the market in daily chart. as you can see in the 1st of Sep price passed through the trend line.
My first entry point is in the exact spot that trend line broke at 92.664
My advanced Entry for this is at 50% of the first red candle...
Ethereum is near to the all time hight and recently tested the 4026.10 price and failed to break through it. there is an important resistant Zone start at 4026.10 to 4155.11 based on previous high detected by Renko chart (brick size 40). currently we can see an obvious divergence in RSI and we have to wait and see what is going to happen when...