on a quick educational approach:
the chart shows a divergence that leans bearish, as a movement in price creates a lower high than the previous one, but an oscilator measuring momentum (RSI in this case) shows MORE strength was needed in order to get to that price.
more strenght but lower high = underlying weakness
the chart shows a divergence that leans bearish, as a movement in price creates a lower high than the previous one, but an oscilator measuring momentum (RSI in this case) shows MORE strength was needed in order to get to that price.
more strenght but lower high = underlying weakness
Komentar:
This isnt real until the candle closes.