ICICI LOMBARD GIC LTDEducation
RSI Divergence
A very good predictor for exhaustion of trend..
This is only for record...
When in strong trend keeping eye on RSI helps.
If RSI don't make new tops/bottoms there is high
probability of trend reversal.
There can be one more attempt by price to move in direction
of trend before reversing so this only needs to be used
as supporting indication.
This is only for record...
When in strong trend keeping eye on RSI helps.
If RSI don't make new tops/bottoms there is high
probability of trend reversal.
There can be one more attempt by price to move in direction
of trend before reversing so this only needs to be used
as supporting indication.
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