Price does not slope in the same direction as RSI which equals a Divergence. Price slopes up and RSI slopes down which equals a bearish divergence. Bearish divergences are measured at the peaks and bullish divergence is measured at the valleys.
Prior inverse head and shoulders marked with blue stars.
Shooting star which turned in to a Doji since i have been typing is at the top of this leg up which is also a gravestone doji. Followed by a spinning top which represents indecision. Candles need confirmation which has not yet occurred.
A spinning top has a small candle body and a doji has a very small body or only a line as it's body.
No recommendation
No recommendation
Prior inverse head and shoulders marked with blue stars.
Shooting star which turned in to a Doji since i have been typing is at the top of this leg up which is also a gravestone doji. Followed by a spinning top which represents indecision. Candles need confirmation which has not yet occurred.
A spinning top has a small candle body and a doji has a very small body or only a line as it's body.
No recommendation
No recommendation