RSI divergence occurs when the price of an asset moves in the opposite direction to the RSI indicator. Depending on the type of divergence spotted, this can signal a potential reversal in the market trend, either bullish or bearish.
The best RSI settings are typically a 14-period timeframe with 70 as the overbought level and 30 as the oversold level. These settings can be adjusted based on specific trading strategies.
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Hello Everyone! 👋
Feel free to ask any questions. I'm here to help!
Details:
Contact : +91 7678446896
Email: skytradingmod@gmail.com
WhatsApp: wa.me/7678446896 Get Premium Membership for Trades with Over 80% Accuracy & Learn Profitable St
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.