Lower time frame divergence

Please see the linked chart as well.

The daily chart shows RSI divergence, indicating a move lower.

The 1 hour chart is now showing RSI divergence as well, setting up a nice point to enter.

Beware horizontal support at 136.48x, this area is a support/resistance point on both the monthly and weekly chart. A break of this point, and price could move very quickly to the downside, toward 132.39x.

See linked chart for stop placement.
DivergenceRelative Strength Index (RSI)shortsupporttrend

גם על:

פרסומים קשורים

כתב ויתור