Possible hidden bearish divergence spotted on the daily timeframe.
Price hits a Lower High while the RSI hits a Higher High.
Indicates underlying weakness. Found during retracements in a downtrend. Nice to see during price retests of previous highs. “Sell the rallies.”
Price hits a Lower High while the RSI hits a Higher High.
Indicates underlying weakness. Found during retracements in a downtrend. Nice to see during price retests of previous highs. “Sell the rallies.”