7/17/22
Hourly I am looking for price to come up to zone. There is two divergences on the RSI.
1. Price is higher and RSI is lower
2. Last high is a higher high on less RSI.
Price is also coming back to a price level that priced dropped from for a retest on supply/demand zone.
Also there is divergence on the price and volume. Higher high on lower volume. ( Less volume)
The daily is in a downtrend. We are looking for short opportunities.
Hourly I am looking for price to come up to zone. There is two divergences on the RSI.
1. Price is higher and RSI is lower
2. Last high is a higher high on less RSI.
Price is also coming back to a price level that priced dropped from for a retest on supply/demand zone.
Also there is divergence on the price and volume. Higher high on lower volume. ( Less volume)
The daily is in a downtrend. We are looking for short opportunities.
