Trading in the support zone atm with bullish divergence RSI
Difficult to decide here as the midterm trend is definitely Bearish.
Trading in the support zone here, but bulls are not strong the last couple of days. Money is in the shorts right now, so placed a short with a tight S/L here even though the RSI shows a small bullish Divergence. Find the rejection of the mid-level (50) of the RSI stronger together with the downtrend and exhaustion of the bulls.
Trading in the support zone here, but bulls are not strong the last couple of days. Money is in the shorts right now, so placed a short with a tight S/L here even though the RSI shows a small bullish Divergence. Find the rejection of the mid-level (50) of the RSI stronger together with the downtrend and exhaustion of the bulls.
Disclaimer
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.