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Rsi_divergence

ETSY - bullish divergence on monthyETSY hit a low on 24 May @ 67 and attempted to test this low again on 16 Jun, at this low, it has retraced 78% of it's peak in Nov 2021 and nearly 88% fib retracement of it's AB swing. It has been consolidating in a sideway range between 67-88 in the past 6 weeks and we are now seeing a possible bullish divergence with the RSI on it's monthly chart. A close above this range at 95 could be a good sign. That said, the market could still be volatile in the weeks ahead until we have more clarity of a market bottom. Any dip buying at this time could still be risky. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NASDAQ:ETSYLong
by Juliac
EURUSD 1H big hidden convergens Best Traders, in this study i want you to pay attention from this convergens senario, EURUSD in down trend and there is a small divergens raised the price a little (but) there is a big convergens in most case make continuing for the down trend , i think we should wait alittle before to be bullish on this pair , firstly lets us see a breakouts for the down trend and after that build up for good price action to confirm the breakouts , other than that we wil just wait for oposite price action to confirm for us the continuing of down trend, thanks
by AowsHosam