EURUSD - Short again 1/5/2023
RSI DIVERGENCE: is still valid (look left)
- Higher High price but Lower High RSI .
- RSI: a point is must at overbought (70)
- RSI: b point is important > must crossunder 50 >> mean to enough make a reversal.
- RSI: c point < 70 (undes overbought).
CORRECTIVE WAVE WAS BROKEN:
- Swing Low (Lower Low) for Profit.
- Higher High price but Lower High RSI .
- RSI: a point is must at overbought (70)
- RSI: b point is important > must crossunder 50 >> mean to enough make a reversal.
- RSI: c point < 70 (undes overbought).
CORRECTIVE WAVE WAS BROKEN:
- Swing Low (Lower Low) for Profit.
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