A bearish RSI divergence at a daily TL

Published on September 1, 2022

Latest guide about Trading With Stochastics, Currency Trading Education, Range Trading Winning, Effectively Trade Forex, and Bearish Divergence Stochastic, A bearish RSI divergence at a daily TL.

Crude got above the daily trend line, then on the 1min chart put in a 10% bearish RSI divergence before reversing. It was a nice signal that the TL test would hold as resistance. Crude then sold off 60 handles. The last two charts are the 1hr chart and daily chart to show this last test of the key TL.

Bearish Divergence Stochastic

Bearish Divergence Stochastic, A bearish RSI divergence at a daily TL.

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