Bullish RSI divergence happens when:
1. RSI is going higher
2.Price is making new lows
This denotes the weakness in strength of downtrend, making a potential for uptrend.
1. RSI is going higher
2.Price is making new lows
This denotes the weakness in strength of downtrend, making a potential for uptrend.
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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.