The money flow index is an amazing tool to spot divergence on higher time frames doesn't work that well on lower.
On the weekly time frame with the close of the candle on the 27th of December 2021 we have confirmed bullish divergence. Just take a look at the chart and see all the massive moves that follow when weekly divergence on the money flow plays out.
Remember this is a weekly chart on Heikin Ashi ,momentum can take time to move.
On the weekly time frame with the close of the candle on the 27th of December 2021 we have confirmed bullish divergence. Just take a look at the chart and see all the massive moves that follow when weekly divergence on the money flow plays out.
Remember this is a weekly chart on Heikin Ashi ,momentum can take time to move.
