USD-PHP 4H CHART
USD - PHP CHART
DECREASING RSI + INCREASING PRICE = BEARISH DIVERGENCE
A bearish divergence is a pattern that occurs when the price reaches higher highs, while the technical indicator makes lower highs. Although there is a bullish attitude on the market, the discrepancy means that the momentum is slowing. Therefore it is likely that there will be a rapid decline in price. (GOOGLE COPY PASTE)
DECREASING RSI + INCREASING PRICE = BEARISH DIVERGENCE
A bearish divergence is a pattern that occurs when the price reaches higher highs, while the technical indicator makes lower highs. Although there is a bullish attitude on the market, the discrepancy means that the momentum is slowing. Therefore it is likely that there will be a rapid decline in price. (GOOGLE COPY PASTE)
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