Forex Divergence Cheat Sheet - RSI Divergence Technical Indicator Technical Analysis
RSI indicator is one of the oftenly used divergence technical indicator. This indicator is an oscillator similar to the RSI & it can be used to trade divergence setups just the same way as the RSI indicator.
RSI Technical Analysis and RSI Signals
RSI Forex Trading Divergence Indicator
RSI Bullish Forex Trading Divergence Setups - RSI Forex Trading Divergence Indicator
Classic RSI Bullish Forex Trading Divergence Setup
RSI classic bullish divergence occurs when price is making lower lows (LL), but the RSI technical trading indicator is making higher lows ( HL ).
Classic Bullish Divergence - RSI Forex Divergence Cheat Sheet
RSI classic bullish divergence warns of a possible change in the forex trend from down to up. This is because even though the price went lower the volume of sellers that pushed the price lower was less as illustrated by the RSI indicator. This is an technical indicator of the underlying weakness of the downwards trend.
Hidden RSI Bullish FX Trading Divergence
Forms when price is making a higher low (HL), but the RSI technical trading indicator is showing a lower low ( LL ).
RSI hidden bullish divergence occurs when there is a retracement in an uptrend.
Hidden Bullish Divergence - RSI Forex Divergence Cheat Sheet
This setup confirms that a retracement move is complete. This RSI divergence setup indicates underlying strength of an uptrend.
RSI Bearish Forex Trading Divergence - RSI FX Trading Divergence Indicator
Hidden RSI Bearish FX Trading Divergence
Forms when price is making a lower high (LH), but the oscillator technical trading indicator is showing a higher high ( HH ).
Hidden bearish divergence occurs when there is a retracement in a downtrend.
Hidden Bearish Divergence - RSI Divergence Trading Cheat Sheet
This setup confirms that a retracement move is complete. This divergence indicates underlying strength of a downtrend.
RSI Classic bearish Forex Trading Divergence Setup
RSI classic bearish divergence occurs when price is making a higher high (HH), but the RSI technical trading indicator is making lower high ( LH ).
Classic Bearish Divergence - RSI Forex Divergence Trading Cheat Sheet
RSI Classic bearish divergence warns of a possible change in forex trend from up to down. This is because even though the price went higher the volume of buyers that pushed the price higher was less as illustrated by the RSI indicator. This is an technical indicator of the underlying weakness of the upwards trend.
