Very strong divergence between the market price and the RSI, which is approaching an oversold region.
I would go long now or wait until the RSI actually goes into oversold territory. Just posting these RSI divergence trades as ideas, I don't usually trade them but it will be interesting to explore this as a potential addition to my strategy.
See below for previous successful RSI trades I have done.
I would go long now or wait until the RSI actually goes into oversold territory. Just posting these RSI divergence trades as ideas, I don't usually trade them but it will be interesting to explore this as a potential addition to my strategy.
See below for previous successful RSI trades I have done.
