Results for "Divergence"
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Trade Plan for AUD/NZD, AUD/CAD and NZD/CHF
...reached the bottom of its multi-month range bottom (Figure 2). The RSI indicates that the pair is oversold on the longer term charts and showing divergence on the shorter term charts. W...yesterday
- ...reached the bottom of its multi-month range bottom (Figure 1). The RSI indicates that the pair is oversold on the longer term charts and showing divergence on the shorter term charts. W...
2 days ago
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AUD/NZD has posted divergence on the daily RSI and has recovered after a retest below the 30 mark. A correction higher may be overdue in this pair. RBNZ today may provide the tri...26 days ago
- GBP/NZD seems to be bottoming out after the plunge. The Price has broken above its downward trendline and the RSI is posting divergence. We expect price to correct higher with minimum targets of 1.82.
52 days ago
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Using RSI Divergence to predict trend reversal.
RSI divergence is an important technique that can be used to pick out a bottom or top in a trending market. The AUD/NZD charts (Figure 1) illustrate the power of this technique. RSI divergence is created when each successive low (or high) in price creates a higher low (or lower high...Tags: AUD/NZD, RSI, Divergence
439 days ago
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Comment on "AUD/JPY Short setup"
I like the set up, and wanted to add that RSI on 4h chart pointing bearish divergence, so the pair is set at least for a short term reversal....207 days ago
- Short term charts showing Divergence.
198 days ago
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