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ext chart facts and rising signals, page-10

  1. 266 Posts.
    Further to my previous post I should point out that its not clear ( to me ) exactly which portion of the chart the RSI was showing divergence to the price action.

    The structure Ive been focussing on is the unconfirmed double bottom from 9 Oct to 20 Oct. When I place a 34 period RSI on the price action I dont get a divergence. Instead both price and RSI are in agreement.

    Interested in your comments.




    >>Nice bullish divergence in the RSI<<

 
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