Hidden bullish divergence
In an uptrend, if we compare swing low of price to swing low of rsi.
price moved up and rsi moved down.
Same can be confirmed with weekly chart rsi taking support at 60.
price moved up and rsi moved down.
Same can be confirmed with weekly chart rsi taking support at 60.
Trade closed: stop reached
Previous low broken SL hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.