EURUSD- 19Apr2022
On the H4, price continues to drop lower to the previous lows. However, H4 RSI has been forming negative bullish divergence where price is making lower lows but RSI is making higher highs. We should be very cautious on the downside as price could reverse any time.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
On the H4, price continues to drop lower to the previous lows. However, H4 RSI has been forming negative bullish divergence where price is making lower lows but RSI is making higher highs. We should be very cautious on the downside as price could reverse any time.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.