Also a bearish DIVERSION on RSI. Price is over the bands but not overbought on RSI. Price is also in a bearish rising wedge. It is not valid as the bottom trendline has not been broken.
No recommendation/Be safe.
Don't lose your shadow (o:
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We don’t even ask happiness, just a little less pain.”
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Price was in a divergence with RSI and seems to be correcting. Many will plot a bearish divergence using price peaks and a bullish divergence using price valleys. Other indicators can be used to plot Divergence such as Stochastics.
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